Egypt’s investments in education and health reach EGP 25bn in FY 2017/18

11The Public Investment Plan of fiscal year (FY) 2017/18, initiated by the Ministry of Planning, indicates that government investments in education and health amount to EGP 24.38bn, according to a ministry press statement on Thursday.

The statement said that the package of human and social development programmes includes the allocation of EGP 7.24bn for the development of pre-university education funded by the state treasury by 91%. Meanwhile, the value of investments targeted to the development of higher education, including missions, amounted to EGP 7.91bn, funded by the state treasury by 56%.

The statement noted that the targeted government investments for the programmes of the Ministry of Higher Education and Scientific Research reached EGP1.66bn, and the state treasury will provide funds by 86%.

Furthermore, the volume of targeted investments in health care programs at the Ministry of Health is estimated at EGP 7.57bn, of which 80% is funded by the state treasury.

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