FILE - Minister of Planning Hala el-Saeed FILE - Minister of Planning Hala el-Saeed

Egypt allocates LE242B for women in 1.5 years

Tue, Mar. 17, 2020
CAIRO – 17 March 2020: Egypt directed $242 billion to women’s favor in 1.5 year, from July 2018 to December 2019, according to Minister of Planning Hala el-Saeed.

Saeed affirmed Tuesday that the state's efforts and the serious steps it has made came in the field of women's economic empowerment, whether in the framework of the sustainable development strategy, Egypt's Vision 2030, or in the framework of the national strategy for empowering women 2030.

This came in a report of the Ministry of Planning and Economic Development, which monitors the progress made in achieving the sustainable development goals in relation to the fifth goal of the topic "gender equality" within the framework of the government's work program (18/201 - 21/2022) during the period from July 2018 To December 2019.

She clarified that the efforts aimed to address the factors affecting the economic empowerment of women, develop her capabilities to expand work options for her, increase her participation in the workforce, and achieve equal opportunities in employing women in all sectors, including the private sector and entrepreneurship.

The minister stated that this is in addition to the state’s efforts to implement training and capacity-building programs directed at Egyptian women, as well as efforts to empower women economically by encouraging the small and medium enterprises sector, which is one of the main sectors that accommodate decent and productive work opportunities for women in various Egyptian regions and governorates.

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