Thursday, February 7, 2019

Government to implement CEDRE pledges and projects. Promise of 24-hour power supply and public hiring freeze


The new Cabinet plans to start executing the Capital Investment Plan (CIP) which was agreed upon at the CEDRE conference, according to the government's draft policy statement that will be presented soon to Parliament.

The CIP mainly involves infrastructure projects with total investments of $17 billion that will be deployed over eight years after the government approves the projects and sets the priorities. Nearly $5 billion of the total will be financed by the local and foreign private...

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