Cairo: Prime Minister Moustafa Madbouli said the National Organization for Social Insurance (NOSI) is playing a very important role via providing social protection to manpower and including workforce under the umbrella of social insurance in addition to the organization’s role in investing money surplus via the NOSI’s investment fund. During a meeting the prime minister held Thursday 17/4/2025 to follow up on the financial status of the NOSI in presence of Finance Minister Ahmed Kouchouk and Chairman of the NOSI Gamal Awad the minister of finance said, investments of NOSI in the Fiscal Year 2023-2024 increased by EGP 44.2 billion.

According to State Information Service Egypt, the meeting highlighted the significant contribution of NOSI in both social and financial sectors. The increase in investments by EGP 44.2 billion during the Fiscal Year 2023-2024 reflects the organization’s active role in managing and investing the surplus funds effectively. This surge in investment is seen as a strategic step towards enhancing the financial stability and sustainability of the social insurance system.

The prime minister reiterated the importance of NOSI’s mission in providing comprehensive social protection and ensuring that the workforce is adequately covered under the social insurance schemes. By effectively managing its investment fund, NOSI not only secures the future of social insurance beneficiaries but also contributes to the overall economic growth through strategic investments.

Finance Minister Ahmed Kouchouk and NOSI Chairman Gamal Awad attended the meeting, providing insights into the financial strategies and investment plans of NOSI. Their presence underscored the collaborative efforts of the government and NOSI in strengthening the social insurance framework and optimizing the financial resources for the benefit of the insured workforce.