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المصري اليوم
Al-Tamween Unveils Updated Cash Support System
Dr. Ahmed Kamal, Assistant Minister of Supply, revealed details about the new system for commodity-based cash support, which aims to improve support mechanisms and expand options for eligible families without reducing the value of assistance. The new system will allow beneficiaries to receive a financial wallet that enables them to purchase goods according to their needs from a larger selection of products, including meats, tea, milk, eggs, and beans, alongside basic staples such as oil, sugar, and pasta. The system targets dividing beneficiaries into segments based on their level of need, so that those most in need receive greater support, while maintaining the increase in the current support value, which has risen to 175 billion Egyptian pounds during the current fiscal year, in line with President Abdel Fattah El Sisi’s directives. The goal is to strengthen social protection programs and reduce waste and leakage within the system. The support amount will be continuously reviewed in line with inflation, with efforts to reduce intermediary trading cycles and expand the distribution network. Details of the implementation will be announced at a forthcoming press conference.
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