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Egypt completes 61% of 'Decent Life' initiative's first phase

Egypt completes 61% of 'Decent Life' initiative's first phase
EGP 400 million facilities will be granted to SMEs

Cairo – Mubasher: Egypt has completed 61% of 'Decent Life' initiative's first phase projects, which are being implemented in 143 villages at a total value of EGP 3.85 billion, Egypt's ministry of local development, Mahmoud Sharawy, announced.

This announcement came during a meeting with the Egyptian prime minister Mostafa Madbouly to follow up on the initiative, which supports the development of the neediest villages across Egypt.

Sharawy referred that the initiative's first phase aims to reduce the number of students in classes, pave villages' roads, and increase the number of street light poles. 

As part of the first phase, the country will also grant EGP 400 million facilities to small and medium-sized enterprises (SMEs) and EGP 10 million to vocational and professional training programmes to help citizens of targeted villages.

Meanwhile, the ministry of local development noted that the initiative's second phase valued at about EGP 8 billion will develop 375 villages during fiscal year 2020/2021.