Sunday 09 Mar
Dr. Rania Al-Mashat, Minister of Planning and Economic Development and International Cooperation, has approved the results of the "Performance Excellence Incentives in Public Investment Management at the Local Level" initiative for the fiscal year (2024/2025). The initiative resulted in the awarding of 8 governorates: Beni Suef, Aswan, Menoufia, Sharqia, Giza, Alexandria, Qena, and the Red Sea, with a total performance incentive of 300 million Egyptian pounds, with the participation of 22 governorates.
Al-Mashat stated that the initiative's strategic objectives include: localizing sustainable development goals through public investment, improving local public spending efficiency, developing transparent and accountable investment allocation mechanisms, promoting international best practices in local planning and evaluation, enhancing local service quality, aligning with Egypt's Vision 2030, and implementing State Public Planning Law No. 18 of 2022.
The initiative provides an additional financial incentive
from approved government investments to each governorate that meets 26 conditions
across 8 key criteria. These criteria are designed to enhance local investment
planning and implementation. The
criteria include participatory planning by stimulating governorates to prepare
the investment plan in a participatory manner to take into account the
priorities of citizens, and preparing feasibility studies for investment
projects, thus improving investment efficiency.
The initiative also emphasizes planning investments by stimulating governorates to adhere to the requirements of preparing the investment plan and applying the program and performance methodology, and monitoring the implementation of the investment plan to evaluate performance, as well as transparency and disclosure and providing planning information to all citizens, building planning capabilities by strengthening the capabilities of workers to improve government performance, greening the investment plan and integrating the environmental dimension, and developing self-resources.
