Cairo – Mubasher: Egypt’s planned public investments jumped by 70% to EGP 595 billion in fiscal year 2020/2021, the Minister of Planning and Economic Development, Hala El-Saeed, said.
The coronavirus (COVID-19) pandemic has made the government reconsider its priorities and focus on specific sectors such as education, health, communications, infrastructure, agriculture, manufacturing, and green economy, El-Saeed added in a statement on Monday.
Investments in communications and information technology increased by 300% in FY20/21 plan in order to create an IT ecosystem for the government’s transfer to the New Administrative Capital.
