Tunis:The government has announced a substantial allocation of EGP 742.6 billion for subsidies, grants, and social benefits in its upcoming 2025/2026 budget. This marks a 16.8% increase from previous figures.
According to State Information Service Egypt, the Cabinet's Information and Decision Support Center (IDSC) released a report to mark the International Day for the Eradication of Poverty, highlighting Egypt's efforts to alleviate poverty and aid low-income families.
The report indicated that the presidential Decent Life initiative has so far benefited around 18 million people. This initiative includes 23,000 projects aimed at enhancing public services and living conditions across 20 governorates, with Upper Egypt accounting for 68% of the first phase.
Additionally, the center emphasized the impact of the Takaful and Karama cash assistance program, pension support, and various projects meant to improve housing conditions in informal settlements. Other government efforts focus on enhancing healthcare, education, and infrastructure to foster job creation and elevate living standards.