{"id":561795,"date":"2021-04-21T03:43:04","date_gmt":"2021-04-21T03:43:04","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/21\/govt-targets-investments-worth-egp-1-25-tn-in-fy2021-2022\/"},"modified":"2021-04-21T03:43:04","modified_gmt":"2021-04-21T03:43:04","slug":"govt-targets-investments-worth-egp-1-25-tn-in-fy2021-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/21\/govt-targets-investments-worth-egp-1-25-tn-in-fy2021-2022\/","title":{"rendered":"Gov\u2019t targets investments worth EGP 1.25 tn in FY2021-2022"},"content":{"rendered":"<p><strong>The government expects Egypt will see a total of EGP 1.25 tn in public and private<\/strong><strong> sector investments in FY2021-2022<\/strong>, up from the <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/47662d59-b64d-4577-9b8e-f9089185e17a\">EGP 740 bn<\/a> the government had projected for the current fiscal year, Planning Minister Hala El Said said in a <a href=\"https:\/\/www.facebook.com\/MPEDEGYPT\/posts\/4635367423146701\">statement<\/a>. These investments include some EGP 469 bn from state investments \u2014 or <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/a6b6f594-177a-428b-861a-f13060029d6e\">27.6%<\/a> of the EGP 1.76 tn total spending \u2014 which Cabinet has previously said will focus mainly on improving the quality of public services and infrastructure.<\/p>\n<p><strong>Where can we expect to see more investments?<\/strong> What the state calls \u201cproductive industries\u201d \u2014 including manufacturing, CIT, and agriculture \u2014 are expected to see a 125% y-o-y increase in investments during the upcoming fiscal year, while investments in developing the country\u2019s human capital will grow 70% y-o-y, the statement says. It is unclear how the ministry sees public and private investments splitting in those totals. El Said had previously said the government aims to dedicate <a href=\"https:\/\/enterprise.news\/egypt\/en\/news\/story\/215c347a-e9a3-4440-adb8-648ba394b2ac\">30% of its investment budget<\/a> to green projects in FY2021-2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The government expects Egypt will see a total of EGP 1.25 tn in public and private sector investments in FY2021-2022, up from the EGP 740 bn the government had projected for the current fiscal year, Planning Minister Hala El Said said in a statement. These investments include some EGP 469 bn from state investments \u2014 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7413],"tags":[279,72,727],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-561795","post","type-post","status-publish","format-standard","hentry","category-budget-watch","tag-budget-watch","tag-enterpriseam","tag-hala-el-said","wpautop","entry"],"acf":{"mongo_id":"0b16fee0-db4c-49a2-8cf0-8477e1233c9b","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[561781],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Gov\u2019t targets investments worth EGP 1.25 tn in FY2021-2022 - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/21\/govt-targets-investments-worth-egp-1-25-tn-in-fy2021-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t targets investments worth EGP 1.25 tn in FY2021-2022\" \/>\n<meta property=\"og:description\" content=\"The government expects Egypt will see a total of EGP 1.25 tn in public and private sector investments in FY2021-2022, up from the EGP 740 bn the government had projected for the current fiscal year, Planning Minister Hala El Said said in a statement. These investments include some EGP 469 bn from state investments \u2014 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/21\/govt-targets-investments-worth-egp-1-25-tn-in-fy2021-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-04-21T03:43:04+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/21\/govt-targets-investments-worth-egp-1-25-tn-in-fy2021-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/21\/govt-targets-investments-worth-egp-1-25-tn-in-fy2021-2022\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t targets investments worth EGP 1.25 tn in FY2021-2022\",\"datePublished\":\"2021-04-21T03:43:04+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/21\/govt-targets-investments-worth-egp-1-25-tn-in-fy2021-2022\/\"},\"wordCount\":169,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"budget watch\",\"EnterpriseAM\",\"Hala El Said\"],\"articleSection\":[\"BUDGET WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/21\/govt-targets-investments-worth-egp-1-25-tn-in-fy2021-2022\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/04\/21\/govt-targets-investments-worth-egp-1-25-tn-in-fy2021-2022\/\",\"name\":\"Gov\u2019t targets investments worth EGP 1.25 tn in FY2021-2022 - 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MPs signed off on EGP 4.56 bn of additional spending,\u2026","rel":"","context":"In &quot;BUDGET WATCH&quot;","block_context":{"text":"BUDGET WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/budget-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/6\/200.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":561111,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/03\/25\/cabinet-signs-off-on-the-draft-fy2021-2022-budget\/","url_meta":{"origin":561795,"position":1},"title":"Cabinet signs off on the draft FY2021-2022 budget","author":"enterpriseam admin","date":"25 March 2021","format":false,"excerpt":"Well, we have a draft FY2021-2022 budget, after the Madbouly cabinet signed off on it yesterday. Finance Minister Mohamed Maait had said earlier this month that spending under the budget will rise 9% y-o-y to EGP 1.76 tn. Government expenditure on investment will account for 27.6% of total expenditures, with\u2026","rel":"","context":"In &quot;BUDGET WATCH&quot;","block_context":{"text":"BUDGET WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/budget-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":561902,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/26\/finmin-releases-egypts-draft-fy2021-22-budget\/","url_meta":{"origin":561795,"position":2},"title":"FinMin releases Egypt\u2019s draft FY2021-22 budget","author":"enterpriseam admin","date":"26 April 2021","format":false,"excerpt":"FinMin publishes draft budget as House pushes on with its discussion: The Finance Ministry released yesterday its draft FY2021-2022 budget (pdf), which is under discussion at the House of Representatives after earning cabinet sign-off last month. 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The increase is expected to cost EGP\u2026","rel":"","context":"In &quot;PUBLIC FINANCES&quot;","block_context":{"text":"PUBLIC FINANCES","link":"https:\/\/enterpriseam.com\/egypt\/category\/public-finances\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/3\/213.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/561795","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=561795"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/561795\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/561781"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=561795"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=561795"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=561795"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=561795"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=561795"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}