Decent Life projects to continue despite global economic crisis - Cabinet

CAIRO - 26 June 2022: Cabinet Spokesman Nader Saad said Saturday that the Decent Life initiative will continue despite the current global economic conditions that have increased the prices of raw materials used in its nationwide projects.

"We are continuing to implement projects to help citizens cope with living conditions," Saad added in televised statements.

He stressed that Prime Minister Mostafa Madbouli is keen to intensify his tours to follow up on projects implemented under the initiative nationwide. The government is serious about empowering the private sector, Saad stressed.

The private sector has a golden opportunity to invest in various projects, he added.

The government offers facilities to the private sector, including granting a license to any investment project within only 20 days. It also provides a golden license to investors in specific projects, the spokesman said.

The government also opens the door for the private sector's participation in managing state assets through the State Ownership Document, he added.