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- Investment to be made over 3-4 years
- Additional 75 billion pounds allocated Decent Life village program
RIYADH: Egypt will allocate more than 600 billion Egyptian pounds ($38.2 billion) to implement a national countryside development project over a period of three to four years, Finance Minister Mohamed Maait said in a statement today.
The project aims to improve the quality of life and standard of living for more than half the Egyptian population, said Maait.
The ministry has also allocated 75 billion Egyptian pounds in the new budget to the Decent Life (Hayah Karima) program projects in villages, and the Public Treasury and Mint Authority will print the slogan on 10 million one-pound coins, and 5 million fifty-piaster coins.