During the last period, a wave of skepticism spread regarding the feasibility of the national projects implemented by the state during the last period, but the government responded to these rumors and denied them completely.
common
The lack of feasibility of the national projects that were implemented during the last period
the truth
The Council of Ministers affirmed Egypt’s implementation of major national projects with investments of 7 trillion pounds.
National projects
90%Of these investments, they were implemented with the participation of private sector companies, which provide 78% of job opportunities.
The projects contributed to boosting the pace of economic growth to more than 5 percent.%
It worked to reduce unemployment rates from 13% in 2013 to 7% in 2021.
It enabled the economy to face the current economic crises
It provided possible levels of infrastructure for the private sector
All of this improved Egypt’s ranking in a number of international indices related to infrastructure, competitiveness and energy.
• At the current stage
The government attaches special importance to more levels of rationalization of current spending.
Stimulating spending levels on a number of national projects to increase production, create job opportunities, provide private sector growth, and support social capital.
