Minister of Planning
El-Said added during Human Rights Conference… "Building a Post-Pandemic World" that the global economy witnessed contraction of 3.9% during 2020 due to the repercussion of COVID-19, El-Said stated, noting that the global economy lost around $5.8 trillion during the crisis year.
El-Said clarified in a statement that there is a strategic stockpile of goods available.
The minister’s remarks came during her participation in the 2nd edition of the Aswan Forum for Sustainable Peace and Development, which kicked off on Monday.
Erada is a unit affiliated to the Cabinet and directly supervised by the planning ministry.
This came in the first issue of the "Follow-up to the Citizen Plan in the Governorates" report during the years (18 / 2019-19-2020), which includes an inventory of the projects that were fully completed during the same period, and linking them to the sustainable development goals.
El-Said, who is also Chairperson of the Board of Directors at the National Investment Bank (NIB), noted that the fund is in Egyptian pounds with a cumulative daily return.
She indicated that the number of development projects in the governorate reached 327 projects.
El-Saeed, affirmed her ministry’s keenness to direct public investments towards developing the infrastructure, especially the sectors of “transport, drinking water and sanitation, and electricity services.
The unemployment rate decreased to 7.3 percent in the first quarter of the current fiscal year, compared to 9.6 percent in the fourth quarter of 2019/2020.
The ceremony took place in the presence of Director General of the Arab Organization for Administrative Development (ARADO), Nasser Al Qahtani, the organization's officials and the Ministry's leaders.
The figure reflects an increase of 38 percent compared to the sum the governorate received in FY 2019/20.
El-Saeed added Sunday that the number of development projects on the citizen's investment plan in the Suez governorate reached 163 projects
The planning minister, in an output report Sunday, said 31 percent of the projects have been established in Upper Egyptian and border cities at a total cost of LE 21.8 billion.
She noted that the number of development projects in Minya governorate reached 327 projects.
In a statement, Saeed said the new allocations come as part of the political leadership's interest in carrying out more national projects to better serve citizens.
This came in the Ministry of Planning and Economic Development’s mid-term report to monitor and evaluate the impact of the "A Decent Life" presidential initiative.
Saeed added that the number of development projects in Assiut Governorate reaches 392 projects in the Citizen Investment Plan in 2020/2021.
In a statement released on Sunday, El Saeed said the facility is expected to treat 5 million cubic meters of water per day to reclaim and cultivate around 400,000 feddans in the east of Suez Canal.
El-Saeed noted that the nominal value of the document is LE 10, with a minimum of LE 1,000 for purchase.
The funds were received in the period between August 2018 and December 2020, said Planning Minister Hala el Saeid in a statement Tuesday.