Due to global economic crises: Egyptian president adds 1M families to monetary subsidies program, sanctions exceptional aid to 9M others - News Summed Up

Due to global economic crises: Egyptian president adds 1M families to monetary subsidies program, sanctions exceptional aid to 9M others


CAIRO – 26 July 2022: President Abdel Fatah al-Sisi instructed Tuesday adding one more million families to the monetary subsidies program 'Takaful wa Karama', and disbursing exceptional aid for nine million families for six months. The families to be added to the monetary subsidies program will make the total number of beneficiaries 20 million individuals. As for the information presented by the ministers, Qabaj displayed the current status of bread subsidies, food staples, monetary subsidies, free medical services, pensions, social insurance, and subsidized housing. The programme started with 63,000 families in FY2015/2016, but had as beneficiary families by May 2021 a total of 3.4 million families. The program covers a maximum of three children per household and reviews compliance of beneficiaries every three years.


Source: Egypt Today July 26, 2022 19:31 UTC



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