The minister indicated in a statement, Monday, that LE 2.7 billion will be allocated to include 450,000 new families for the beneficiaries of “Takaful and Karama.”
He told the conference that the CBE also reduced periods of disclosure of information about clients following payments.
CBE said all measures are meant to enhance financial inclusiveness and adhere to the needs of all societal categories, especially self-employed categories, business owners (individuals or corporates) and micro and small and medium-sized enterprises (MSMEs).
In a press conference held only a day before Eid, Madbouli said indications show improvement in the Egyptian economy despite the coronavirus circumstances.
Sisi asked citizens to stick to instructions and stay at home for two weeks, to overcome the current health crisis and help limit infection.
The authorities in the neighboring governorates of Cairo and Giza decided to apply deterrent measures against those violating the government’s decision to close restaurants, cafes and malls overnight, in a bid to curb the spread of the novel coronavirus.
The President also directed increasing the tax exemption limit for those whose annual wage falls between LE 8,000 - 15,000.
The ministry added that all inbound and outbound travelers from and to the country are being inspected.
Saeed pointed out to myriad achievements which occurred and led to improvements in the economic situation in Egypt.
Egypt’s Ministry of Interior has tightened the security measures outside the headquarters of the National Election Authority (NEA) on Saturday
The Spanish government said on Friday it had passed measures to increase control over Catalan finances ahead of independence vote.
Thousands of Copts celebrate Queenship of Virgin Mary among high security measures.
Thousands of Copts celebrate the birth of the Virgin Mary amidst high security measures on Sunday morning.