Egypt allocates LE 24B for education, healthcare in FY17/18

CAIRO – 13 July 2017: Egypt’s investment plan for fiscal year 2017/18 allocates up to LE 24.4 billion ($1.36 billion) government investments for education and healthcare, the Ministry of Planning announced Thursday.

The human and society development programs also allocate LE 7.24 billion for improving pre-university education and the public treasury will finance 91 percent of them.

The value of investments targeted to improve higher education, including educational missions, reaches LE 7.91 billion and the treasury will finance around 56 percent of them.

Government investment targeted for the improvement of scientific research ministry and healthcare programs amount to LE 1.66 billion and LE 7.57 billion, with 86 percent and 80 percent financed by the public treasury, respectively.