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Egypt’s shift to green economy in FY 2021/22 is ‘priority’: Planning Minister


Published 01 Jun,2021 via Daily News Egypt - Egypt’s Minister of Planning and Economic Development Hala El-Said has said that the fiscal year (FY) 2021/22 investment plan is distinguished by its great attention to the environment and sustainable development.

The plan also addresses the issue of the transition to a green economy with a focus on environmental improvement initiatives, El-Said added.

The minister added that the state is keen to double green public investments from 15% in FY 2020/21 to 30% in the FY 2021/22 investment plan. This will increase to 50% by the end of 2024/25, with a priority in financing green initiatives and projects.

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