CAIRO – 14 December 2021: Deputy Minister of Planning and Economic Development Ahmed Kamaly said municipal investments have increased by 410 percent since 2015.
Rise in investments in different governorates did not occur randomly, he said in remarks at a workshop, held by his ministry on Monday.
That was attributed to efforts exerted by the ministry to outline development indices in a financing equation meant to pinpoint required investments in each governorate separately, according to him.
Governorates, which have development gaps top the list of beneficiaries, added.
The workshop offered an opportunity for probing the 2022/2023 Fiscal Year (FY) plan and updated tools for local development planning.
Kamaly went on to say the Egyptian government believes that focusing on municipal development aims at achieving sustainable development nationwide using all possible tools to devise plans and conduct follow-ups in order to serve the interests of the homeland and raise living standards of citizens.
Next year, the municipal competitiveness index report will be launched to highlight development efforts in every governorate across the republic, he added.