5 Hrs
Source:
صدى البلد
Insurance Chief denies Mubarak-era theft
Major General Gamal Awad, Chairman of the National Social Insurance Authority, stated that since the beginning of March 2026, the Authority has received 314,000 pension payment requests, with 92% of them successfully processed, focusing primarily on pension and death benefit requests. He also explained that the monthly pension payouts average around 48 billion Egyptian pounds, and that the Authority has earned an investment return of 20 billion Egyptian pounds since 2019. Additionally, he confirmed that the government has paid the Authority a total of 1.61 trillion Egyptian pounds during the same period, emphasizing that there is no theft of social insurance funds and rejecting inaccurate claims regarding the Authority’s wealth.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)