URGENT: Egypt's annual inflation down to 13.1%    Egypt exports 170K tons of food in one week: NFSA    Egyptian pound starts week steady vs. US dollar    Al-Sisi, Türkiye's FM discuss boosting ties, regional issues    Russia warns of efforts to disrupt Trump-Putin summit on Ukraine    Rift between Netanyahu and military deepens over Gaza strategy    MIDBANK extends EGP 1bn credit facilities to Raya Information Technology    United Bank contributes EGP 600m to syndicated loan worth EGP 6.2bn for Mountain View project    Suez Canal Bank net profits surge 71% to EGP 3.1bn in H1 2025    Madbouly says Egypt, Sudan 'one body,' vows continued support    Egypt's govt. issues licensing controls for used cooking oil activities    Egypt signs vaccine production agreement with UAE's Al Qalaa, China's Red Flag    Egypt to inaugurate Grand Egyptian Museum on 1 November    Egypt to open Grand Egyptian Museum on Nov. 1: PM    Egypt, Uganda strengthen water cooperation, address Nile governance    Egypt, Philippines explore deeper pharmaceutical cooperation    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    Egypt, Cuba explore expanded cooperation in pharmaceuticals, vaccine technology    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's FM, US envoy discuss Gaza ceasefire, Iran nuclear talks    Egypt keeps Gaza aid flowing, total tops 533,000 tons: minister    Egypt's EHA, Huawei discuss enhanced digital health    Foreign, housing ministers discuss Egypt's role in African development push    Egypt reveals heritage e-training portal    Three ancient rock-cut tombs discovered in Aswan    Sisi launches new support initiative for families of war, terrorism victims    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    







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Egypt's Takaful and Karama supports 17m beneficiaries in decade
Published in Amwal Al Ghad on 11 - 05 - 2025

Egypt's Takaful and Karama cash support programme has reached over 4.6 million families—around 17 million people—since 2015, backed by $1.4 billion in concessional World Bank financing, according to Planning Minister Rania Al-Mashat.
Targeting Vulnerable Groups
Speaking at the 10th anniversary, the minister said the programme supports Egypt's reform agenda and targets vulnerable groups, with 51 per cent of families meeting health requirements and 63 per cent meeting school attendance conditions. All payments are now electronic, and 75 per cent of cardholders are women.
International Support and Digital Transformation
The World Bank has also provided technical assistance, including training, digital payments via Meeza cards, and monitoring tools. The UK supported institutional capacity-building, while the ILO-backed Waai programme addressed child labour.
From Aid to Economic Empowerment
Al-Mashat futher said $25 million of the World Bank funds have been directed to micro-financing to reduce aid dependency, with the "Forsa" programme further promoting job access and entrepreneurship, especially among women.
Growing Budget for Social Investment
The FY 2025/2026 budget allocates 732.6 billion Egyptian pounds to social protection and 327 billion to human development—up 22 per cent year-on-year (YoY)—now representing 45.3 per cent of public investment. Egypt's experience was highlighted at the 2025 World Bank Spring Meetings as a global model.
Attribution: Amwal Al Ghad English
Subediting: M. S. Salama


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