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Government targets investments exceeding one EGP 1tr for the first time, minister

Saturday 16 February 2019 08:52 PM

Dr. Hala Al-Saeed
Dr. Hala Al-Saeed

By Ahmed Ashour

Minister of Planning, Follow-up and Administrative Reform, Dr. Hala Al-Saeed revealed that the government aims to increase total targeted investments in its new economic plan for the financial year 2019-2020 by 25% over its value in this year's plan, thus exceeding EGP 1 trillion for the first time compared to EGP 900 bn in the current financial year plan 2018-2019

Al-Saeed stressed that the economic plan for the next year 2019-2020  pays much attention to human development sectors of health, education, culture, sports and capacity building, which will receive the largest amount of targeted investments in the new plan, to which the  25% increase in total targeted investment in the new plan will be directed.

Al-Saeed ‘s remarks came to reporters today, on the sidelines of the regional conference "Education in the Arab World in the Third Millennium", which was held under the auspices of Dr. Mustafa Madbouli, Prime Minister.


Organized by the National Planning Institute, the research arm of the Ministry of Planning, on 16, 17 February 2019, the event is being attended by Ministers of Education, Higher Education and Scientific Research, as well as representatives of Arab organizations and scientific and research institutions.