10-03-2025
Budget to be allocated to monetary subsidies in FY2025/26 may record LE53B
CAIRO – 10 March 2025: Minister of Social Solidarity Maya Morsi participated Sunday in a meeting of the House of Representatives' Plan and Budget Committee to discuss the ministry's expenditure in FY2023/2024.
The minister highlighted that when the monetary subsidies programme "Takaful w Karama" was first launched in 2014, the number of enrolled families amounted to 1.7 million, who received annual amounts and services worth LE3.5 billion.
The value of the programme's budget in FY2023/2024 and FY2024/2025 hit LE35 billion and over LE40 billion, respectively, and is expected to be LE53 billion in FY2025/2026, as the number of enrolled families more than doubled to record 4.7 million families.
