Mon, 14 Sep 2020 - 11:23 GMT
An employee counts money at an exchange office in downtown Cairo June 5, 2014 - Reuters/Amr Abdallah Dalsh
CAIRO – 14 September 2020: Egypt has issued a citizens budget guide for the years 2020-2021, confirming a rise in government spending on education and health to 6 percent and 3 percent of the gross domestic product respectively, an official statement read, quoting Finance Minister Mohamed Maeet.
The guide, which is published for the seventh year in a row, reveals that the rise allocated for the health sector will be spent on five main fields.
These fields include continuing gradual implementation and expansion of the comprehensive health insurance system, raising allocation for health insurance, medicine and treatment of needy people on state’s expense, funding the general authority for health care, raising incentives for doctors and nursing staff, and automating all 113 general, university and medical insurance hospitals.
Concerning education, the rise will contribute to funding several projects, including a major project to fund pre-university education. The budget also includes university projects, including establishing six new technological universities and five non-profit government universities and completing preparations in some other universities.
According to the guide, LE 1.5 billion (about $95.1 million) was allocated to improve the situation of teachers and teaching supervisors in the first school years. Another LE 1.5 billion were allocated for the Ministry of Higher Education’s initiative to improve the situation of teaching staff in universities, institutes and research authorities.
Also, the guide reveals a 11.3 percent rise in money allocated for salaries in the budget and a 33.7 percent rise in government spending on purchasing goods and public services, in addition to a 136.6 percent increase in money allocated to provide pure water, a 16.7 percent rise to encourage exports.
Social cash-subsidy programs also got a 2.7 percent rise in the budget.
For the Ministry of Social Solidarity’s Takaful w Karama (Solidarity and Dignity) program, a social protection program that supports poor families, and social solidarity pension, LE 19 billion (about $1.2 billion), as they benefit 3.4 million families, according to the statement.