Mostafa Madbouly clarifies subsidy reduction details
Egyptian Prime Minister Mostafa Madbouly affirmed that the government will continue implementing social protection programs over the next four years. These programs include support for families through pensions, social security, commodity subsidies, health insurance, as well as support for education and housing. He explained that the government has allocated substantial financial resources and various funding sources to execute these initiatives, with a commitment to improving citizens' living conditions—especially in light of global challenges and rising living costs. He also emphasized that current support programs benefit around 60% of Egyptian families, with a focus on ensuring that aid reaches those most in need and on maintaining a balanced quality of the goods provided, while gradually increasing the overall funding to approximately 178 billion Egyptian pounds this year.
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