CAIRO, Jan 26 (NNN-MENA) – Egypt has allocated three billion Egyptian pounds (about 190 million U.S. dollars), to implement an emergency plan, for developing road networks and boosting infrastructure, Egyptian Finance Minister, Mohamed Maait, said.
The allocation came during the minister’s meeting with local development minister, Mahmoud Shaarawy, according to official Ahram Online news website.
Maait said, road surfacing will be made according to the highest technical and quality standards.
The minister said, one-third of the three billion pounds was allocated to the local development ministry’s budget for fiscal year 2019/2020, to support the presidential initiative “Decent Life” in its first phase, covering 143 villages in 11 governorates.
The initiative, launched in Jan, 2019, is meant to help improve services provided to those most in need, especially in Egypt’s villages.
The announcement comes as Egypt saw rising deadly road accidents in the past weeks, killing dozens and sparking outrage over the infrastructure nationwide.
Egypt suffers a high rate of traffic accidents that kill thousands of people every year, mostly due to negligence of traffic rules and poor road conditions.
