"National Expenditure" seeks to increase its allocations in the new budget

Accidents

The National Authority for Tunnels called for an increase of the budget allocated to it for the next fiscal year by about 34 billion pounds. The Ministry of Finance has allocated 10 billion pounds in the new budget project, while representatives of the Authority demanded 44 billion pounds to complete the electrified train connecting Cairo with the new administrative capital. The third and fourth lines of the metro.

This came during a meeting of the Committee on Transport and Communications in the House of Representatives, headed by Hisham Abdul Wahid, to discuss the draft budget for the fiscal year 2019/2020, the National Authority for Tunnels.

For his part, Hisham Abdul Wahid, Chairman of the Committee on Transport and Communications in the House of Representatives, requested the Commission to conduct comprehensive studies on all projects. He added: "We are not a country that is not an old country. It is not a matter of money and money. We need to deal with it by activating the quality of expenditure. The grants should not be relied upon. "

Mohammed Badawi Desouki, member of the committee, criticized the delay in activating the law of private sector participation in the management of the National Metro Authority. He wondered about the fate of the private sector after the law was passed and the delay in seeing the advertisements in the metro to maximize revenues to cover expenses instead of relying on financial allocations from the state treasury..