اليوم السابع
Source: اليوم السابع
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Source: اليوم السابع
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Deputy Prime Minister for Economic Affairs Hussein Eissa said that improving citizens’ living standards and quality of life is a government priority. He explained that spending on services has an impact only when accompanied by improvements in how those services are operated and delivered, and that support for the middle class includes examining possible salary increases for teachers and university faculty. He announced that steps had begun to address four holding companies transferred to the Sovereign Fund of Egypt, while two other companies would be merged. Work is also under way to restructure 64 economic entities. Citing Misr Aluminum Company, which posted profits of around 14 billion Egyptian pounds and has annual production capacity of nearly 300,000 tonnes, he stressed that developing human capital is essential to strengthening the competitiveness of the Egyptian economy.
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