Egypt's president reviews LE1B-initiatives targeted at low-income segments



Mon, 09 Nov 2020 - 10:54 GMT


Mon, 09 Nov 2020 - 10:54 GMT

FILE - President Abdel Fatah al-Sisi

FILE - President Abdel Fatah al-Sisi

CAIRO – 9 November 2020: President Abdel Fatah al-Sisi met on Sunday with his Advisor for Financial Affairs and Chairman of Tahya Misr Fund Major-General Mohamed Amin to follow up on social safety programs targeted at low-income segments.


The fund will launch soon initiatives worth LE1 billion. Those are:


Distributing food, clothes, and blankets among one million citizens.


Purchasing home appliances and utensils for 2,000 orphan and low-income young women in contribution to marriage expenses.


Granting 1,500 dialysis devices to serve 120,000 patients and 1,000 wheelchairs.


Building 500 nurseries to accommodate 18,000 children per annum.



Providing 50,000 fishermen with equipment necessary for their work.


Introducing labs in the medical schools of Cairo University, Ain Shams University, and Alexandria University in order to improve the education experience of 3,000 students.  


Providing 3,000 families with "Nols" necessary to produce Egyptian handmade carpets/rug.



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