Ministry expectes LE300 bn worth of investments next year

Minister of Planning and International Cooperation Ashraf al-Araby said that the volume of governmental and private investments is expected to reach around LE300 billion by financial year 2013-2014.

Araby said Tuesday that the new economic plan is expected to be finished within 10 days, and will then be put up for public comment. According to Araby, the new economic development plan next year’s plan is expected to be concluded in 10 days to be reviewed by society once finished.

The economic development plan will include plans to fight corruption and achieve growth and social justice.

Araby also said that the new plan was drawn up with community participation, and that economists and NGOs also lent their expertise.

Edited translation from MENA

Related Articles

Back to top button