CAIRO, March 5 (MENA) - Prime Minister Mostafa Madbouly has emphasized the importance of proceeding with efforts to achieve balance between revenues and expenses of the New Urban Communities Authority as well as to manage and evaluate the assets owned by the authority and new cities’ agencies.

This came during Madbouly’s meeting on Wednesday with Minister of Housing, Utilities and Urban Communities Sherif el Sherbiny along with Deputy Head of the New Urban Communities Authority for Financial, Administrative and Human Resources Affairs Mohamed Raga'ee.

The meeting reviewed the financial position of the New Urban Communities Authority in the period from July 1, 2024 to February 28, 2025 , Cabinet Spokesman Mohamed el Homosany said.

It also touched on the authority's projected expenses and revenues until the end of the current fiscal year. (MENA)

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