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Tuesday, 04 August 2020

Egypt allocates EGP 3.8 bln for healthcare, EGP 4 bln for food: Finance minister

Doaa A.Moneim , Wednesday 25 Mar 2020
Egypt Virus
A member of medical team sprays disinfectant at the Al Shohadaa "Martyrs" metro station in Cairo (Photo: Reuters)
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Minister of Finance Mohamed Maait stated that EGP 3.8 billion have been allocated since the beginning of March to support the healthcare sector, including providing urgent and necessary medical supplies to be able to take preventive measures to combat COVID-19.

These allocations include disbursing bonuses for medical staff working in quarantine hospitals and labs, according to Maait.

He added that the ministry is ready to provide the healthcare sector with additional financial packages if need be under the comprehensive plan for which President Abdel-Fattah El-Sisi has allocated EGP 100 billion to contain COVID-19 outbreak.

The minister said that EGP 2.583 billion have been provided since the beginning of March for the health ministry, in addition to EGP 426 milion directed towards its affiliated bodies.

He added that the ministry has given EGP 688.0 million for university hospitals, and EGP 50 million for Al-Azhar University Hospital to provide medical care for coronavirus patients.

Maait noted that the financial electronic system has helped to provide these allocations for the healthcare sector quickly and to pay medical suppliers promptly

The minister stated that according to presidential directives to boost social protection measures, EGP 70 million were disbursed to the social solidarity ministey to pay compensations for families who were harmed by the latest bad weather conditions.

Moreover, EGP 25 million were provided for the ministry to disburse compensations and assistance for Sinai residents.

According to Maait, EGP 4 billion have been allocated for the General Authority for Supply and Commodities to meet people’s needs of basic food commodities throughout March.

He added that the ministry has allocated EGP 15 billion to finance the purchase of domestic wheat in April.

 

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