8 important decisions during today’s cabinet meeting … get to know them



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Dr Mustafa Madbouly, Prime Minister, held a cabinet meeting, at the Council headquarters, to discuss a number of important issues and files that are high on the government’s agenda. The Council discusses the latest developments on the emerging coronavirus in Egypt and monitoring precautionary measures to deal with the virus and not spread it.

The council also examined the supply of basic products to citizens at reduced prices in all governorates and the continued surveillance of the markets so as not to alter prices. The council also examined the executive position and execution rates of various projects being executed in the governorates, as well as the reconciliation position in building violations in all governorates, and the emphasis on not establishing any new construction violations. .

The Council of Ministers approved the draft decision of the President of the Republic on the allocation of a land of private state property, in the district of the Governorate of Beni Suef, with an area of ​​approximately 16.92 feddans, equivalent to 71101.43 square meters, on the eastern Beni Suef / Minya highway, for the benefit of the Ministry of Petroleum. And mineral wealth; To be used in the installation of a natural gas compressor station to increase efficiency and increase the pressure of the network in the province.

The Cabinet also approved, in principle, the draft decision of the Prime Minister on the issuance of the executive regulation of the law that regulates the exercise of private work, promulgated by Law No. 149 of 2019, provided that there is consensus among the relevant ministries in some of the points. Finally approve the list at the next meeting.

The Council of Ministers approved the draft decision of the Prime Minister, which stipulates in its first article that “the interests of the public treasury and the minting shall be combined in an interest called“ the interest of the public treasury and the minting ”, and the interest of the public treasury and minting shall supersede the interests of the public treasury and minting wherever they are mentioned in applicable regulations and decisions. “

This in the context of the government’s interest in the integral development of all its entities and interests, including the interests of the public treasury and minting; This is to keep pace with the new work environment, in line with the general trend of the state towards administrative reform, especially with the homogeneity and integration of specializations.

The organizational structure necessary to carry out the merger, provided for in article 1 of this decision, will be dictated by decision of the Minister of Finance, prior opinion of the Organization and Central Administration, and the consequent work schedules will be approved by decision of the President of the Central Agency for Organization and Administration, in accordance with the provisions of the Public Function Law promulgated by Law No. 81 of 2016.

The Cabinet approved the establishment of the National Railway Industries Company in the Suez Canal Economic Zone; In order to manufacture and repair railroad cars And replace it And its renewal, with the aim of establishing this industry, through the contribution between the General Authority of the Suez Canal Economic Zone and each of the Sovereign Funds of Egypt and the private sector, taking into account the development of a mechanism that allow the Ministry of Transport to confirm the overall price of the final product, noting in light of this that the Ministry of Transport determines all your needs. Of mobile units.

It includes wagons, subway trains and high-speed electric trains until 2030, and during the discussion of the topic, Eng. Kamel Al-Wazir, Minister of Transport, presented the conclusions of the Ministries of Transport, Planning and Economic Development on the need of the participation of a global entity with long experience in the production of mobile units of various types, Subject to the completion of all required feasibility studies; Technical, economic and marketing of the project, as well as the preparation of an analytical study of the costs of the plant to be built within the framework of this project.

The Cabinet finally approved the initiative of the Arab Fund for Economic and Social Development to postpone the payment of fees and interest owed on loans granted to Egypt, for a period of one year, from 1/7/2020 to 30 / 6/2021; As a contribution to the mitigation of the economic and financial impacts derived from the spread of the emerging virus “Corona”.

The Council of Ministers also approved Damietta’s request to increase its stake in Damietta Furniture Company, as the third and last tranche, by 50.41 million pounds, so that the government can pay its obligations in the capital of the company. The Council was also recommended to accept the request of several citizens to pay the debt owed Some of the parcels of land previously sold to them at public auction in the city of Ras El-Bar and withdrawn from them for non-payment of the debt; And in the context of legalizing their status.



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