Egypt

Cabinet agrees to establish electronic system for financial settlements

The Cabinet approved a decision to establish an electronic system for financial settlements.

The Finance Ministry is set to issue a statement about the executive procedures of that decision.

The Cabinet also okayed a draft presidential decree to allocate nine state-owned feddans in Samalout district of Minya for the general authority of supply commodities to build silos.

Another proposed presidential decree to reuse 97.5 state-owned feddans in building a sewage sludge treatment plant in Minya was also endorsed.

The government agreed to use 14,800 square meters of state-owned lands in Qantara Sharq in establishing a trilateral treatment plant.

Also approved was a draft presidential decree to set aside 89.5 feddans of state-owned lands in North Sinai for the implementation of reclamation projects.

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