Egypt Citizen Budget: Govt. earmarks EGP 333.4b for economic authorities

The Egyptian government is allocating 333.4 billion Egyptian pounds ($6.8 billion) for the state economic authorities’ (EA) investments during the 2024/2025 fiscal year, according to the Citizen’s Budget report published by the Ministry of Finance.

The transport and storage sector will receive the largest share of the investment, accounting for 67 per cent. This demonstrates the government’s commitment to improving the country’s infrastructure and enhancing connectivity.

The education, health, and other social services sectors collectively received 11.6 per cent of the total investment, reflecting the government’s focus on human development and improving public services.

The Suez Canal, a vital economic asset, also received a portion of the investment, amounting to 6.4 per cent. This highlights the government’s continued commitment to supporting the canal’s operations and maximising its economic potential.

Attribution: Citizen’s Budget FY 2024/2025 report

Subediting: Y.Yasser