Menoufia Water Company Takes Steps to Curb Spending and Strengthen Financial Sustainability

Menoufia’s Drinking Water and Wastewater Company has taken a series of measures to strengthen its financial sustainability, according to the head of its financial and administrative sector.

Alaa Mohamed Fawzi Saad El-Din said the sector had adopted the measures as part of efforts to rationalise spending at the company.

The announcement centres on expenditure management as a means of supporting the company’s financial position. It does not set out the individual measures taken.

No figures for expected savings or timetable for implementation were provided, leaving the scope and financial impact of the steps unspecified.