Egypt announces $4 billion support package ahead of Ramadan

The New Arab

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Egypt announces $4 billion support package ahead of Ramadan

Egypt on Wednesday announced a fresh EGP 200 billion ($4 billion) social support package to help vulnerable households in the country cope with soaring living costs ahead of Ramadan, a time of family gatherings and feasts. The package of measures includes wage hikes, greater cash support for low-income families, and higher pension payouts. The announcement came a few weeks after Prime Minister Mostafa Madbouly pledged to provide additional finan…

Egyptian Gazette

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Savoring Ramadan's blessings - Egyptian Gazette

As the Muslim holy month of Ramadan approaches, Egypt is taking proactive measures to secure its food supplies in response to global economic challenges. The government is focusing on enhancing local production and building strategic reserves of essential commodities to ensure that citizens have access to affordable food during the holy month. National initiatives are underway to boost agriculture, livestock, and poultry sectors, which are vital…

alalamelyoum.co

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On the occasion of the holy month of Ramadan, Dr. Maya Morsi, Minister of Social Solidarity and Chairwoman of the Board of Directors of Nasser Social Bank, decided to open the bank's various branches across the country next Saturday, March 1, to facilitate the process of disbursing March pensions to customers, with the aim of facilitating pensioners' access to their financial dues easily. Dr. Maya Morsi confirmed … Source

QUICK NEWS AFRICA

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Ramadan: Sultan appeals to traders to reduce prices of goods - QUICK NEWS AFRICA

The Sultan of Sokoto and  President-General, Jama’atu Nasril Islam (JNI), Muhammad Sa’ad Abubakar has appealed to traders in the state to reduce the p

North Africa Post

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Ramadan: Egypt unveils EGP 200bn support package to combat rising costs – The North Africa Post

In a bid to alleviate the burden of rising living costs on citizens, the Egyptian government has announced a substantial EGP 200 billion social support package, which will be implemented during Ramadan and extended into the upcoming fiscal year. Prime Minister Mostafa Madbouly revealed the details of the new initiative on Wednesday February 26, which […]

Egypt Independent

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Egypt unveils LE200 billion relief package amid inflation - Egypt Independent

Egypt has launched a new social package on Thursday to support groups impacted by rising prices, worth LE200 billion (US$4 billion) during Ramadan and the new fiscal year, Prime Minister Mostafa Madbouly announced. Ashraq Business reported that this new package includes raising the minimum wage for state employees to LE7,000 per month, in addition to increasing pensions, providing cash support for beneficiaries of the “Takaful and Karama” progra…