Young people in the age group of 30-40 years received up to 36 percent of this funding, and the governorates of Upper Egypt benefited by more than 43 percent of the funding.
Application began on August 15 and will last until September 9.
the meeting discussed the foundation's strategic plan, aiming to support the efforts of the Egyptian government for the society’s development through providing support to “A decent life” initiative.
Prime Minister Mostafa Madbouli held Tuesday a meeting in Cairo with CEO of the African Funding Corporation (AFC) Samaila Zubairo and the accompanying delegation.
Abdel Aati affirmed the need for a binding agreement on the filling and operation of the massive GERD in a way that meet the aspiration of the three concerned countries of Egypt, Sudan and Ethiopia in development.
The deal inked in January is subject to the endorsement of the president.
The program is targeted at low and middle income citizens.
A session titled "Recovering Stronger, Rebuilding Better: Pathways for a More Secure, Resilient, and Prosperous Africa" was held.
As part of this broader scope of work, UNDP and the Egyptian private equity Catalyst Private Equity (CPE) will put in practice an impact measurement towards the SDGs of private sector enterprises and private investments.
Al-Mashat clarified that $ 6.7 billion out of the funding was secured to finance sovereign projects and $ 3.1 billion was to support the private sector.
Minister of Planning and Economic Development Hala El-Said gave an overview of the efforts made to diversify the sources of financing development plans and programs.
The minister added that Egypt currently has 52,000 Egyptian NGOs, and 59 foreign NGOs.
The Senegalese ambassador highlighted that several opportunities for joint investments are available in Senegal, especially after the oil discoveries that have been made in recent years.
The number of beneficiaries also rose slightly by 0.5 percent.
Egypt is receiving €1 billion during that period.
MIIC signed an agreement worth €120 million regarding the project "Development and Modernization of the Western Sewage Treatment Plant in Alexandria", for the benefit of the Ministry of Housing, Utilities and Urban Communities and the Executive Authority for Drinking Water and Sanitation.
That is through the SME's funding program "Mashrouak" (Arabic for Your Project).
This comes within the framework of the Ministry of Civil Aviation's plan to develop the civil aviation system.
Amidst an impeding global recession, several funding programs aim to serve investors in the agrarian industry.
All indicators reflected the ability of the Egyptian state to cross the repercussions of the coronavirus in order to maintain the stability of its financial and monetary indicators according to the figures and data of the balance of payments for 2019/2020.