Monday March 4th, 2024
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Government Halts New State Projects in Light of Economic Crisis

The decision includes finishing projects approaching 70% completion.

Cairo Scene

Government Halts New State Projects in Light of Economic Crisis

In response to the current economic challenges, the Cabinet Spokesperson has revealed a decision to streamline the state’s investment spending. 

The new strategy includes the temporary suspension of any new projects and the prioritisation of finalising ongoing projects that are nearing the 70% completion mark. This focus aims to ensure the timely and efficient utilisation of resources, consolidating efforts on initiatives already in progress.

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