Economic Analysis for Agricultural Sector Financing in Egypt

Saad, Gamal Abd El-Hakiem

doi:10.21608/jsas.2021.55393.1276

Economic Analysis for Agricultural Sector Financing in Egypt "Case Study The Medium, Small and Micro Enterprises Development Agency"

Document Type : Original Article

Author

gamal Abd El-Hakiem saad

Economic,Agriculture,Cairo University,Giza,Cairo

10.21608/jsas.2021.55393.1276

Abstract

Financing projects is the basis for their success and continuation, and to play their role in creating and achieving development plans, creating job opportunities, improving the standard of living, increasing Production, raising the percentage of self-sufficiency in agricultural commodities, and thus contributing to the balance of payments balance.
The Medium, Small and Micro Enterprises Development Agency is responsible for everything related to projects, as it grants loans and provides consultations and feasibility studies for projects in Egypt as an attempt to reduce large unemployment rates as well as increase the percentage of self-sufficiency in agricultural commodities. The total agricultural loans is about 8.5 billion pounds, with a maximum of 1.37 billion pounds in 2018, and a minimum of 0.34 billion pounds in 2005.
Minya governorate ranked first in obtaining loans for citizens and youth for the purpose of setting up projects financed by the agency, and the relative importance of them at the level of total loans reached 7.92%, and the relative importance of agricultural projects reached 9.40%, at the level of the governorates of the Republic.
It was found that the governorates of Port Said, Suez, South Sinai, and North Sinai came in late ranks in terms of total loans, as the total loans granted to these governorates, Matrouh, North Sinai and South Sinai are among the governorates most in need of development.
Therefore, the study recommended that more attention be given to border governorates and the poorest governorates and their inclusion in sustainable development programs.

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