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Ministry of finance allocated "L.E 9.5 billion for providing the basic commodities and improving public services"


"L.E one billion for petroleum sector and L.E 463 million  for paying the full dues  of electricity sector   foreign partners "

"Monitoring L.E 6.5 billion for purchasing the local  wheat at highe...

  "L.E one billion for petroleum sector and L.E 463 million  for paying the full dues  of electricity sector   foreign partners " "Monitoring L.E 6.5 billion for purchasing the local  wheat at higher prices than the World Markets  to support the Egyptian farmers" . "L.E 20  million for purifying  storm water drains and L.E 138 million for gas supply to homes project ."     Dr. Hani kadri Dimian – T he Minister of Finance – approved providing  around  L.E. 9.5 billion for  supporting ministries' and Government entitys' efforts to improve public services delivery to citizens  , besides providing the basic commodities needed by the society during the first period of April to the current  mid-May.   A statement by the Ministry of Finance declared that those financial allocations  include  L.E  2212 million for petroleum sector as petroleum products value  delivered to power plants  during last April and current May , which raises the value of what the Public Treasury incurred to solve the financial tangle  between the electricity and petroleum sectors around L.E 11 billion and 60 million since the beginning of the current fiscal year , in addition to allowing L.E 463,79 million which representing the total value of  electricity sector debt  for the foreign partners concerning  by  maintenance processes of power stations . in regards to  the national project of natural gas supply to homes , the Minister approved L.E 138,7 million as allocation for supplying the natural gas to around 47500 housing units , otherwise the rest  dues  of the Egyptian Natural Gas Holding Company  for the other  works implemented  during  the first half of the current fiscal year , according to the Petroleum sector's data , it has been finished from supplying  natural gas to 284,9 housing units  during the current year with a subsidy provided by the State at L.E  619.6 million .   On the occasion of beginning the wheat season , the Ministry of Finance indicated to the Minister's approval to allocate  L.E 6.5 billion for financing purchasing local wheat at prices higher than the international market prices , keening on the success of import season , and supporting the Egyptian Farmers , besides allocating  L.E 30 million for paying the dues  of  management companies' ration quotas  exchange system  by smart cards . The Minister agreed to allocate  L.E 65 million  for the Ministry of Health and Population including L.E 50 million in cash for the Egyptian Pharmaceutical  Trading company  to assist in meeting the society needs of the different medicines and pharmaceuticals , besides L.E 15 million for settling its debts to the Egyptian Tax Authority , with allocating L.E 10 million for Cairo University in order to support the budget of new Kasr Al Ainy hospital .   And for the potable water and sanitation sector , the Minister agreed to allocate 62,5 million for the Holding Company for potable  Water and Sanitation ,as  the value of April payment of the subsidy allocated to the company in the general budget , in addition to L.E 20 million for the Ministry of Water Resources and Irrigation for supporting the projects of maintaining and purifying the irrigation means and storm water drains , as the total allocations  that have been provided for such purpose since last January reached L.E 45 million .

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Ministry of finance allocated "L.E 9.5 billion for providing the basic commodities and improving public services"