The EPF Committee held two meetings during 2010.
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Recommendations of the first meeting:
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- The seasonal meeting according to the law is bimonthly.
- The revision of the so-called booklet of "Green investment in Egypt"
has to be published both in English and Arabic.
- Activate the role of the Financial Unit and follow up
issuing the financial operation regulations.
- Publish the balance sheet in order to have a contract with an auditing office.
- Complete the structure form of the EPF from the EEAA staff.
- Continuous Coordination with EFP Board of Directors to increase the EPF resources.
- Coordinate with the Ministry of International Cooperation in the program of
"Egypt's partners in the development", this will help in utilizing the available grants
and loans.
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Recommendations of the second meeting:
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- The soft loans program approval with the Environmental Compliance Office
with total amount of LE.6.5 millions. This program will be implemented in two phases
during the current physical year. The first phase is LE.4 millions and be implemented
after preparing the contract between the ECO and EPF.
- The second phase is the grants projects program with a total amount of LE.6.2 millions
due to EPF selected legible projects.
- The approval of EPF Chairman to the suggested financial authority.
- Provide "the Projects Department" with a vehicle in order to pay filed visits.
- Beginning EPF media campaign with primer amount of LE.75,000.
- Publish the booklet of "The Green Investment in Egypt".
- Approval of activating new system against incomes.
- EPF Manager has to prepare a balance sheet in the physical year 2011/2012.
This has to be coordinated with the head of the Financial Affairs Sector.
In addition, this has to be exposed to the CEO Dr. Mawaheb Abu ElAzzm
in order to be submitted to the Board of Directors in the forthcoming meeting.
- Mr. Ibrahim ElToukhy, a member of board of directors, has to provide the Committee
with the NGOs' data base in the environmental field.
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