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EGYPT.
{Translation.']
The Ministry for Foreign Affairs communicates hereafter the information supplied
by the competent Departments of the Royal Government.
With regard to the principal methods employed for financing public undertakings,
appropriations are included in the budget of the Department concerned and charged
to the revenue of the State. The State does not have an ordinary and an extraordinary
budget; there is only one budget covering all forms of expenditure—permanent, un¬
foreseen and extraordinary. With regard to undertakings carried out by local bodies
(municipalities, provincial and local councils), water, lighting and sewerage undertakings
are financed by State guaranteed loans from the local banks. Roans for water and
lighting works are repayable in thirty years, and loans for sewerage works in forty-one
years. The necessary funds for other works are charged to the budgets of the bodies
concerned.
Railways .
The Egyptian Government devotes particular attention to the railways, with a view
to the economic development of the country through improved communications, providing
rapid transport from place to place, and linking up the towns. This is proved by the
large appropriations made in the budget of the State Railways Department in past years.
The works executed and the expenditure thereon are as follows :
i. Works executed during the past five years : £E
(a) Raying of new lines and improvement of
existing lines 804,000
(b) Construction of bridges and subways 370,000
(c) Improvements to various stations 134,500
(d) Miscellaneous 220,000
2. Work in course of execution :
Improvements to various stations 270,000
Construction of the Abu Zaabal workshops 200,000
3. Work begun but suspended :
Raying of new lines and improvements to various lines 1,045,000
£E
1,528,500
470,000
I,045,OOO
4. Works in contemplation :
Raying of new lines 1,045,000
Improvements to various stations 240,000
1,285,000
Total... £E4,328,5oo

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