Egypt increases social support as economic crisis hurts - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABCNews
  • ⏱ Reading Time:
  • 31 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

Egypt will add one million families to a social safety net programme that provides cash transfers, bringing the total number of beneficiaries to more than 20 million, the presidency said in a statement on Tuesday.

The “Solidarity and Dignity” programme began in 2015 with World Bank funding. Payments to families start at 350 Egyptian pounds per month and are conditioned on children’s school attendance.

Families whose children are married before the age of 18 are excluded from the programme, according to Egypt’s Social Solidarity Ministry. The presidency said nine million needy families would also receive separate, exceptional aid over six months, at a cost of about 1 billion Egyptian pounds per month.

Egypt, which has a rapidly growing population of about 103million, has suffered successive economic shocks from the coronavirus pandemic and the war in Ukraine. Annual headline inflation has risen to above 13%, and the government is seeking new support from the International Monetary Fund.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 37. in US

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Africa urged to end reliance on food and pharmaceutical imports - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The conflict between Russia and Ukraine has worsened commodity price increases. As a result, farmers in Africa face serious fertilizer shortages. Plans are now afoot to avert a famine in parts of Africa. If the west ended the sanctions and allowed Russia to complete its special military operations non of this would be happening
Source: SABCNews - 🏆 37. / 51 Read more »

South Africa awaiting Malawi court decision on Bushiri matter: Lamola - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Minister of Justice and Correctional Services Ronald Lamola says that they are still waiting for a Malawian court’s decision in the extradition matter involving popular evangelist Shepherd Bushiri and his wife, Mary. The min forgot to mention that it's still unclear how they left SA
Source: SABCNews - 🏆 37. / 51 Read more »

Banyana Banyana receive hero's welcome - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Banyana Banyana has been given a hero’s welcome at the OR Tambo International Airport in Gauteng – with scores of cheering fans gathered for the arrival of the soccer stars. WAFCON2022
Source: SABCNews - 🏆 37. / 51 Read more »