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The economic and social development plan for the new fiscal year for Egypt 2022-23, submitted by the Minister of Planning, Dr.Hala Al-Saeed, revealed that public investments acquired the largest share of 78.6 percent. It was distributed among the authorities, and the private sector obtained the remaining 21.4 percent of the total directed investments
The economic and social development plan for the new fiscal year for Egypt 2022-23, submitted by the Minister of Planning, Dr.Hala Al-Saeed, revealed that public investments acquired the largest share of 78.6 percent. It was distributed among the authorities, and the private sector obtained the remaining 21.4 percent of the total directed investments.
The total investments are distributed according to the concerned authorities, such as the government apparatus, public economic authorities, companies affiliated with the public business sector, central investments, and private sector investments. The government investments include (investments in the state administrative apparatus, investments in local administration, and investments in public service bodies).
The investments of economic bodies registered are about 410.9 billion pounds. This reflects their relative importance in the total investment structure at 29.4 percent. The government sector comes in second place with a total of targeted investments estimated at 376.4 billion pounds, with a relative importance of 26.9 percent.
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The private sector allocates investments estimated at about 300 billion pounds, or 21.4 percent of the total investments of the plan, as previously mentioned, to come in third place, in addition to the central investments, which are estimated at 237 billion pounds, or 16.9 percent. Public sector investments are estimated at 75. 7 billion pounds, or 5.4 percent.
