Know the value of ITIDA budget

Policy

The Communications and Information Technology Committee of the House of Representatives, headed by MP Ahmad Badawi, approved the ITIDA budget bill for the fiscal year 2019/2020.

The adoption of ITIDA budget in the new year 2019/2020 by 611 million and 810 thousand pounds, compared to one billion and 24 million in the current fiscal year 2019/2018, a decrease of the ability of 412 million and 692 thousand pounds.

The total investment in the financial year 2019/2020 amounted to 31 million and 130 thousand pounds compared to 195 million pounds last fiscal year 2018/2019, a decrease of the capacity of 163 million and 870 thousand pounds.

The Information Technology Industry Development Agency (ITIDA) of the Ministry of Communications and Information Technology (MCIT) is a government agency established to promote the development of the Egyptian IT sector and increase its competitiveness globally.

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