Aswat Masriya (Cairo)

6 February 2013

Egypt: Developing Slums Will Cost L.e. 202 Million - PM

Egypt's Prime Minister, Hisham Kandil, said on Wednesday that the government has approved a plan worth 202 million Egyptian pounds for the development of slums.

According to the official page of the prime minister, the plan also includes providing employment and financing small and medium-sized projects for the residents of these slums.

Most of the major cities in Egypt are surrounded by informal settlements that grew randomly over the past years. These neighbourhoods lack the most basic infrastructure and suffer widespread poverty.

The development plan includes the slum areas of Cairo, Suez, Port Said, Fayoum and Damietta.

Meanwhile, Egypt suffers from a budget deficit that exceeds 200 billion Egyptian pounds.

Ads by Google

Copyright © 2013 Aswat Masriya. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 2,000 reports a day from more than 130 news organizations and over 200 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.