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Egyptian President signs closing statements of public undertakings

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·        President Abdel Fattah El Sisi signed a number of laws that are related to the closing statements of some state bodies for the fiscal year 2019-20

·        These included Egyptian Electric Utility and Consumer Protection Regulatory Agency (EgyptERA) with a budget of around LE 117.730 million, and Hydro Power Projects Executive Authority (HPPEA) with a budget of LE 136.897 million

·        The laws that have received the ascent of the President included that of Alexandria Port Authority and that of Suez Canal Authority

President Abdel Fattah El Sisi signed a number of laws that are related to the closing statements of some state bodies for the fiscal year 2019-20. These included Egyptian Electric Utility and Consumer Protection Regulatory Agency (EgyptERA) with a budget of around LE 117.730 million, and Hydro Power Projects Executive Authority (HPPEA) with a budget of LE 136.897. million.

The budget of Egyptian Nuclear Power Plants Authority (NPPA) was set at LE 5.365 billion and the New & Renewable Energy Authority (NREA) stood at LE 5.482 billion. The Egyptian National Railways Authority (ENR)  budget was LE 1.809 billion while that of the General Authority for Public Transport Authority touched LE 4.736. Billion. The laws that have received the ascent of the President included that of Alexandria Port Authority and that of Suez Canal Authority.

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