Dr. Mustafa Madbouly, Prime Minister, met this evening, Eng. Sherif El -Sherbiny, Minister of Housing, Utilities and Urban Communities, and Mohamed Rajaei, Vice -Chairman of the Urban Communities Authority for the Financial, Administrative and Human Resources Affairs Sector; This is to follow up and review the financial position of the New Urban Communities Authority.
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At the beginning of the meeting, the Prime Minister stressed the importance of the efforts made to achieve the financial balance between revenues and expenses, and to manage and evaluate the assets owned by the New Urban Communities Authority and the new city devices, through the existence of an integrated vision, which enables reaching the desired goals in this regard, and glorifies the benefit of those assets.
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Counselor Mohamed Al -Homsani, the official spokesman for the Presidency of the Council of Ministers, stated that during the meeting, the financial position of the New Urban Communities Authority was reviewed, and the actual expenses and revenues it contains during the period from 1/7/2024 to 28/2/2025, as well as expected expenses and revenues until the end of the current fiscal year.
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He added: The meeting dealt with a comparison between actual expenses and revenues during the period from 1/7/2024 to 28/2/2025, and the period of the previous year, in addition to reviewing the aspects of exchange on projects that are implemented at the level of the Republic, as well as the most important expected flows during the coming period.
