CAIRO: The government has allocated 3.6 billion EGP in the new Fiscal Year 2014-15 budget for executing developmental projects all over the governorates in coordination with concerned parties and ministries, said Minister of Local Development Adel Labib, Youm7 reported Sunday.
“Executing infrastructure projects and finishing suspended ventures will top the government’s priorities in the upcoming period,” he said.
The development programs will focus on developing electricity systems, improving roads and transportation services, recycling waste, restoring security and developing fire and traffic services.
Cairo University Economics Department Professor Farag Abdel Fattah told The Cairo Post that 3.6 billion EGP is not enough to achieve sustainable development in all governorates, but with the current budget deficit and economic situation, it is considered a probable sum.
The government should consider population density and each governorate’s needs when directing the funds he said. He also said the Upper Egypt governorates were particularly in need of the funds, and investment there could promote development.