The meeting was attended by Dr. Rania Al-Mashat, Minister of Planning, Economic Development, and International Cooperation; Ahmed Kouchouk, Minister of Finance; Counselor Mohamed Al-Faisal, Chairman of the Central Auditing Organization; and officials from relevant ministries and agencies.
Madbouly indicated that government agencies continue to adhere to the financial ceiling set for the state's total public investments, amounting to EGP 1 trillion during the current fiscal year 2024-2025, in accordance with Prime Ministerial Decree No. 739 of 2024 on this matter.
The Prime Minister explained that today's meeting was held to follow up on the status of public investments implemented by public companies during the first half of the fiscal year 2024-2025. This comes in accordance with Article 6 of the aforementioned decree, which obligates all state entities—including economic entities, public business sector companies, and companies fully owned by the state, or any ministries, agencies, or institutions affiliated with the state, or in which the state holds a stake of more than 50% of its capital—to prepare a semi-annual report including the volume and percentages of implementation compared to the target for each period. The report will be presented to the State Public Investment Governance Committee.
The meeting reviewed the most prominent entities implementing public investments during the first half of fiscal year 2024-2025.