1.6 mln citizens benefited from Tahya Misr Fund in Q1 2023: Cabinet

Ahram Online , Monday 19 Jun 2023

Some 1.6 million Egyptians benefited from Tahya Misr Fund social initiatives in the first quarter (Q1) of 2023, read a cabinet statement on Monday citing a report about the fund.

PM Mostafa Madbouly
 

The nationwide initiatives covered the healthcare, social protection, and urban development sectors. Their activities included distributing clothes, food, blankets, household appliances, and other commodities, and helped provide healthcare to many Egyptians, the statement added.
 

Since its inception and until March 2023, the fund has injected over EGP 22 bln into various sectors nationwide, among them allocations to healthcare and urban development, a presidential statement said in March.

Egypt’s Prime Minister Mostafa Madbouly stressed on Monday the importance of Tahya Misr Fund, pointing out that it has become a major axis in the comprehensive development process the state has been carrying out throughout the past eight years.

In April, President Abdel-Fattah El-Sisi ordered an almost 50 percent increase in appropriations for various subsidy and social protection programmes in the budget for the upcoming FY2023/2024 in order "to ease the burden on citizens during the global inflation wave."

The Tahya Misr Fund was established by President El-Sisi in 2015 to help poor communities and impoverished villages in the country through development projects.

The fund has also provided assistance in cases of crises at the regional level, providing aid in the reconstruction efforts in the Gaza Strip as well as sending medical convoys to a number of African countries.

In February, President El-Sisi instructed the Tahya Misr Fund to allocate EGP 1 billion to support the presidential initiative to end waiting lists for critical cases.

Search Keywords:
Short link: