There has been a wave of skepticism about the feasibility of national projects implemented by the state in the last period, but the government has responded to these rumors and denied them completely.
Common
The lack of feasibility of national projects implemented in the last period
the truth
The Cabinet confirmed Egypt’s implementation of major national projects with investments of £7 trillion.
National projects
90%Of these investments, they were made with the participation of private sector companies, which provide 78% of employment opportunities.
The projects helped boost the pace of economic growth to over 5%.%
It worked to reduce unemployment rates from 13% in 2013 to 7% in 2021.
It has enabled the economy to deal with the current economic crises
It has provided possible layers of infrastructure for the private sector
All of this has improved Egypt’s position in a number of international indices relating to infrastructure, competitiveness and energy.
• The current state
The government attaches particular importance to multi-level streamlining of current expenditure.
Stimulate spending levels on a number of national projects to increase output, create job opportunities, deliver private sector growth and sustain social capital.
