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News EGYPT: In 2023, $123m will be allocated to water supply in Aswan

The government of Egypt will spend 3.6 billion Egyptian pounds (about $123 million) to strengthen the water supply in the governorate of Aswan. The budget was approved by parliament and announced on 14 January 2023 in a statement by the Egyptian Ministry of Planning and Economic Development.

As the governorate of Aswan, located in southern Egypt, faces water stress due to its desert climate and exacerbated by drought, the Egyptian government announced funding of 3.6 billion Egyptian pounds (about $123 million) for an “effective response” to this climate phenomenon. This funding constitutes 38% of the 9.5 billion Egyptian pounds (about 322 million euros) approved by the Egyptian parliament for all projects (transport, housing, water, etc.) that will be implemented in Aswan in 2023, an increase of 17.3% compared to the 2021/2022 plan.

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News type Inbrief
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Geographical coverage Egypt,
News date 23/01/2023
Working language(s) ENGLISH