Did he deduct amounts from depositors’ accounts in Egypt? Central clarifies



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The Central Bank of Egypt has denied that a party has taken withdrawals from citizens’ accounts in banks to fund the rest of the new administrative capital projects.

According to the Media Center affiliated with the Council of Ministers, the Egyptian Central Bank has pointed out that the accounts and balances of bank customers are funds belonging to their owners and that they cannot be deducted or allocated. under any name in accordance with the provisions of the constitution and the law. He stressed that he exercises his supervisory powers to ensure the safety of all deposits and savings.

The new administrative capital company also denied the news, confirming that the financing of all projects in the new administrative capital is done completely independently, relying on the company’s income from the proceeds of the sale of land. to investors, while the state has succeeded in creating an economic environment. the value of the land on which these projects are based, then directing the expenditure to finance the construction operations and pay the contributions of contractors and workers.

The Egyptian cabinet also denied what had been circulated regarding the organization of Umrah’s programs for the next month of Ramadan, and said it had contacted the Ministry of Tourism and Antiquities, which denied the news, confirming that the announcements circulating regarding the organization of Umrah programs because the coming month of Ramadan is false, and that these advertisements are false and have nothing to do with The ministry has it at all.

The tourism ministry said no official information has been received from Saudi authorities indicating the opening of the gate for Umrah from Egypt, and regulations governing Umrah during the current season have yet to been published.

She explained that in the event that anything indicates the opening, it will be officially announced by the ministry, stressing that all necessary legal measures will be taken against any tourism company that is involved in the promotion of these advertisements. , which could to the point of canceling the work permit, warning citizens not to be tempted, behind these advertisements that target their exploitation and collect money from them.

The third rumor concerns the circulation of an electronic link to record the data of irregular workers to obtain a permanent pension of 500 pounds per month, as the Ministry of Manpower denied this news, confirming that it is not correct to launch new links to register irregular workers for permanent pension of 500 pounds per month.

The Ministry of Manpower pointed out that the circulation link is false and that he is not affiliated with the ministry at all, explaining that the £ 500 amount paid to irregular workers is an exceptional cash grant provided by the state to support this group affected by the coronavirus crisis. The ministry warned citizens against being taken to these sites and bogus pages that target the exploitation of their personal data, stressing that all legal measures must be taken against the promoters of these sites.

While the Ministry of Transportation has denied reports of huge sums wasted on the implementation of road and bridge projects that do not meet standard specifications.

She pointed out that the new road and bridge network is planned and implemented in accordance with the latest international standards followed, as it goes through a comprehensive review process to ensure its compliance with standard specifications, by two committees affiliated with the Roads and Bridges Authority, one including the supervisory engineers and the other an advisory committee of the company that wins the road tender.

She pointed out that the road and bridge sector has experienced great development, which is reflected in Egypt’s progress by 90 ranks in the International Competitiveness Index in the field of road quality, reaching the 28th position. worldwide by the end of 2019, compared to 118th in 2014, as this development has helped reduce the fatality rate. Road accidents increased by 44% in 2019/2020.

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