Finance Minister Hany Kadry (Photo: Al-Ahram)
Egypt’s finance ministry on Thursday approved the allocation of LE135.6 million ($19.3 million) for the state’s programmes to subsidise the healthcare of children and female heads of households.
According to the ministry’s statement, the recently approved allocation includes the third and fourth installments of the two governmental programmes to subsidise children and female breadwinners during the fiscal year 2013/14.
The second installment was paid to the Public Health Insurance Organisation under former finance minister Ahmed Galal in February.
The total number of programme beneficiaries is more than 14 million people, the statement added.
Hany Kadry, Egypt’s finance minister, stated that number of female breadwinners nationwide is 519,600.
The public treasury affords an annual LE200 ($28) to each female head of household, who are required in return to pay 1 percent of their income annually, at a minimum of LE12 ($1.6), to receive the state’s health insurance services.
The government also pays LE12 annually for every school child under 18 -- a total of 13.9 million children -- so that they are covered by health insurance..
Public health insurance for female breadwinners and for children has cost the government LE104 million ($14.6 million) and LE165.5 million ($23.2 million) in the current 2013/14 state budget so far.
According to latest bulletin published by the ministry, total allocations in 2013/14 state’s budget for social benefits were worth LE33.4 billion ($4.6 billion), part of LE212.3 billion ($29.8 billion) covering subsidies, grants and social benefits.