Egypt is set to inject 200 million Egyptian pounds to finance 30,000 micro- and small-sized enterprises through loans from the Local Development Fund, The Egyptian Minister of Local Development said. These enterprises will create jobs for the youth and female breadwinners, the Minister of Local Development, Mahmoud Shaarawy, added Sunday In addition, the ministry is considering slashing the interest rates on loans provided to female breadwinners in the rural areas covered by Haya Karima initiative to 4 percent from 6 percent as well as providing 5 percent-interest loans to drip irrigation projects.