At the launching of a conference for Egypt’s sustainable development strategy for 2030, El-Sisi called on Egyptians to donate more to the fund that he created in 2014 to financially support the country’s development.
The total donations raised in the Long Live Egypt Fund (Tahya Misr) over the period of 18 months amounts to EGP 4.7 billion (approximately $560 million), of which the army contributed a billion, President Abdel-Fattah El-Sisi said on Wednesday.
“If 10 million Egyptians out of a total 90 million have mobile phones, they should send a one-pound message everyday, and then (the fund) would raise EGP 10 million a day, EGP 300 million a month, and EGP 4 billion a year,” El-Sisi said.
Earlier this month, El-Sisi ordered that EGP 1 billion from the fund be assigned to help build 100,000 affordable housing units.
Last year, Mahmoud Abdel-Latif, the executive head of the fund, said it would help the funding of social projects including mobile clinics, long-term hepatitis C medication schemes, and development the country's slums.