Minister of Local Development Mahmoud Shaarawy revealed that the Local Development Fund has financed 2,337 small- and micro-sized projects since July 2021 with investments estimated at more than EGP 27m.

He also pointed out that these projects provided direct job opportunities in the fields of animal and poultry production; food outlets; clothing and furniture; and selling feed, fertilisers, grains, white meat, environmental and household industries, dairy products, and honey and its products.