Cairo – Mubasher: The Egyptian government implemented investments worth EGP 113 billion during the first nine months of fiscal year 2019/2020, posting a 23% increase, according to report released by the Ministry of Planning and Economic Development on Thursday.
The country’s economic growth is currently focused on reaping the fruits of major investments carried out by the government with a value exceeding EGP 4 trillion, the report showed.
A total of 27% of government investments have been directed into education and health sectors, while 50% have been used in transportation, housing, and public utilities.
Source:
Mubasher