President Abdel-Fattah al-Sisi said that the Minister of Transport Dr. Hisham Arafat told him، more than a year ago، that the first line of the metro will be out of service due to its deteriorating conditions.
He pointed out that this line needs EGP 30 billion for maintenance and increase its efficiency. During his word in the second session of the National Youth conference entitled “The Egyptian State’s vision for the coming four years”، Al-Sisi said that the loan borrowed by Egypt to carry the metro lines has not been paid yet.
He confirmed that the current challenge facing the country is greater than any government or president.
Al-Sisi added that the enduring high interests of debts must be stopped through accelerating the work to enable the government to repay debts’ installments on time without any delay to avoid further burdens on the state. He added that "time” has been a great challenge، and that the government cannot afford to delay any reforms، including increasing the fare of the Metro tickets.
Sisi added، "We do not have the luxury of hesitating in making the right decisions for the sake of our country. Raising the Metro tickets is not a new decision; we have been discussing this for a long time، and we do not have any other choices."
"If I did not make these hard decisions now، no one else is going to take it; accordingly، we made a development plan for all of the country’s sectors during the coming four years." Al-Sisi added.