Maait confirms Egypt's commitment to update its social protection system

Maait highlighted that the government recently launched a range of financial packages to alleviate the economic challenges resulting from complex global crises.

Over the last three years, the Egyptian government has allocated approximately EGP 450 billion for social incentive programs, including consecutive wage and pension increases, as well as the Takaful and Karama and Social Solidarity initiatives.

He emphasized the high priority placed on the health, education, and social protection sectors, aligning with Egypt's Vision 2030 and the United Nations Sustainable Development Goals (SDGs).

Maait noted that his ministry has earmarked more than EGP 529 billion for social protection programs in the fiscal year 2023/24, a significant increase from the EGP 244 billion allocated in 2014/15.

Furthermore, the government has boosted funding for the Takaful and Karama program, reaching EGP 35.5 billion in the current fiscal year, compared to EGP 12.1 billion in 2014/15.