Egyptian pound opens flat on Tuesday    Egypt, Colombia discuss medical support for Palestinians injured in Gaza    Empowering private sector key to expanding in African markets: Finance Minister    PM Madbouly reviews progress of 1.5 Million Feddan Project    Australia to recognise Palestinian state in September, New Zealand to decide    Trump orders homeless out of DC, deploys federal agents and prepares National Guard    Egypt, Côte d'Ivoire hold political talks, sign visa deal in Cairo    Egypt's TMG H1 profit jumps as sales hit record EGP 211bn    Egypt's gold prices fall on Monday    Egypt, Germany FMs discuss Gaza escalation, humanitarian crisis    Egypt, Huawei explore healthcare digital transformation cooperation    Global matcha market to surpass $7bn by 2030: Nutrition expert    Egypt, Huawei discuss expanding AI, digital healthcare collaboration    Egypt's Sisi, Sudan's Idris discuss strategic ties, stability    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt to inaugurate Grand Egyptian Museum on 1 November    Oil rises on Wednesday    Egypt, Uganda strengthen water cooperation, address Nile governance    Egypt's Sisi: Egypt is gateway for aid to Gaza, not displacement    Egypt, Malawi explore pharmaceutical cooperation, export opportunities    Egypt's Foreign Minister discusses Nile water security with Ugandan president    Egyptians vote in two-day Senate election with key list unopposed    Korean Cultural Centre in Cairo launches folk painting workshop    Egyptian Journalist Mohamed Abdel Galil Joins Golden Globe Voting Committee    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Foreign, housing ministers discuss Egypt's role in African development push    Greco-Roman rock-cut tombs unearthed in Egypt's Aswan    Egypt reveals heritage e-training portal    Sisi launches new support initiative for families of war, terrorism victims    Egypt expands e-ticketing to 110 heritage sites, adds self-service kiosks at Saqqara    Palm Hills Squash Open debuts with 48 international stars, $250,000 prize pool    On Sport to broadcast Pan Arab Golf Championship for Juniors and Ladies in Egypt    Golf Festival in Cairo to mark Arab Golf Federation's 50th anniversary    Germany among EU's priciest labour markets – official data    Paris Olympic gold '24 medals hit record value    A minute of silence for Egyptian sports    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Egypt's Citizen Budget: Govt. aims to ease financial strain on citizens
Published in Amwal Al Ghad on 29 - 08 - 2024

Egypt's 2024/2025 budget allocated over half of its revenues to enhance salaries and pensions, raise the tax exemption limit to ease financial burdens on citizens. It also and approved six social protection packages since 2022.
The Citizen Budget, usually published in August or September after House of Representatives' approval of the general budget, aims to assist citizens in dealing with inflationary challenges resulting from current global crises.
A key initiative within this budget is the Decent Life national project, which focuses on the comprehensive development of essential public services, including health, education, housing, roads, drinking water, and sanitation for underdeveloped areas.
Additionally, the budget supports the continued expansion of the universal health insurance programme across all governorates, ensuring broader access to healthcare for all Egyptians.
The government allocated 40.5 billion Egyptian pound to support productive sectors, focusing on industry and exports. Additionally, at least 50 per cent of asset sale proceeds will be used to reduce public debt, enhancing financial stability.
Attribution: Citizen's Budget FY 2024/2025 report
Subediting: M. S. Salama
Download


Clic here to read the story from its source.