34 Days
Source:
بوابة الفجر
Madbouly oversees Urban Communities debt repayments
The article discusses the efforts of the Egyptian government to settle the dues owed by the New Urban Communities Authority to various ministries and government agencies, aiming to support the implementation of national projects and urban expansion. The Prime Minister emphasized the importance of quickly settling these dues to provide the necessary liquidity for completing current projects and achieving sustainable development plans in the new cities. The meeting also reviewed the authority's financial status up to July 2026, discussed asset transfer operations, projected liquidity until December 2026, and addressed the settlement of financial obligations with government entities. Additionally, directives were given to expedite the follow-up on the implementation of these agreements to ensure the continuation of urban development plans and national projects.
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