Written by Mahmoud Hussein
Thursday, May 18, 2023 10:00 AM
The Youth and Sports Committee in the House of Representatives, chaired by Representative Mahmoud Hussein, continues its meetings today, Thursday, to discuss the economic and social development plan, and the state’s general budget for the fiscal year 2023/2024 for: the Cairo Stadium General Authority and the National Academy for Youth Rehabilitation and Training.
The meeting will be held in the presence of representatives of the Ministries of Finance, Planning and Economic Development, representatives of the Ministry of Youth and Sports, the Cairo Stadium Authority and the National Academy for Youth Rehabilitation and Training.
And the Parliament’s Youth and Sports Committee had approved two draft laws for the state’s general budget and the economic and social development plan for the fiscal year 23/24, as it recommended an increase in the investment budget of the General Office of the Ministry of Youth and Sports for the fiscal year 2023/2024 to reach 3,232,000,000 pounds instead of the Ministry of Planning’s estimates. It is estimated at 1,296,655,000 pounds, in order to achieve the desired goals and fulfill the inevitable obligations of the contracts concluded in the plan of the current fiscal year.
The committee also recommended, with regard to the draft budget of the General Court for the fiscal year 2023/2024, an increase in the estimates of Chapter One “Wages and Compensation of Workers” in the draft budget law for the General Court of the Ministry of Youth and Sports for the fiscal year 2023/2024 to reach 346,259,000 pounds instead of the estimates of the Ministry of Finance for the same chapter and estimated With 316,682,000 pounds, in order to meet expenses (wage increase – incentive and periodic allowance – treatment of workers – insurance benefits).