Finance Min., World Bank launch Citizens Budget 2015/16 in Egypt
Finance Minister Hani Kadry - YOUM7 (Archive)

CAIRO: Egypt’s Finance Minister Hany Qadry announced Tuesday the launch of the Citizens Budget’s initiative for the year 2015/16, with the cooperation of the World Bank, Youm7 reported.

The initiative aims identify the citizens’ priorities, demands and needs from the public budget through program surveys while preparing the budget, Qadry explained.

The initiative is being launched for the second year in a row, and includes a booklet to explain to the general public the important points of the budget, including expenses, revenues, deficit and means of financing, according to Youm7.

“The initiative is a step to merge the citizen institutionally inside the decision-making system,” said Qadry.

World Bank representative Hisham Waly announced the results of a survey, saying that 50 percent of Egyptians are not satisfied with available health services.

“The World Bank’s goals include the eradication of extreme poverty and reducing the rate of who live on less than $1.25 to 3 percent by 2030,” Waly added.

He noted that the first goal was accomplished by declining the rate of those who live in extreme poverty to 2.5 percent in the Middle East, noting that 53 percent of the citizens in the Middle East live on less than $4 a day.

Qadry also announced that a proposal is being studied by the Ministry of Education, to add a simplified educational subject explaining the state budget to school students.

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