Egypt Allocates EGP 1.6 Billion to Qualify Youth for Labor Market

The Ministry of Planning and Economic Development (MPED) revealed the volume of investments allocated to the Ministry of Youth and Sports in the current fiscal year 2022/2021, amounting to EGP 1.6 billion.

This sum includes EGP  1.5 billion public treasury financing, 100 million from self-resources.

This came during the Ministry of Planning and Economic Development’s review of the strategic objectives, programs, and projects for the fiscal year 2021/2022 for the youth and sports services sector.

In its report, the Ministry of Planning and Economic Development referred to the sector’s vision, which was represented in “leadership and excellence in improving the quality of life of Egyptian youth and developing their lifestyle.

Objects of that vision could be attained through the axes of comprehensive youth and sports development, which leads to enhancing belonging and pride in the national identity and developing their skills and capabilities.

The report (MPED) also presented a Sector-specific message.

The report affirmed the state’s keenness of its various agencies and bodies to assume a number of responsibilities, including launching a national policy for youth and sports in which all segments of society participate.

The state also provides decent and dignified job opportunities for young people through small and medium projects, as well as launching sports investment opportunities, in addition to adopting youth and sports initiatives.

The sector’s message also included transforming youth centers and youth and sports facilities across the country into centers for serving the family and society, supporting youth participation in discussing national issues, and identifying their views.

Government plans to use sports as an effective tool in developing and supporting the values ​​of citizenship and belonging.

Future policies seek to achieve rational economic management of youth and sports facilities, and sponsoring discover talents, support their participation in international competitions and tournaments, and launch initiatives for the sports industries.