10 Hrs
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بوابة الشروق
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Fakhry Fekky: Cash support tied to commodity prices
Dr. Fakhry El-Feki, the former economic expert, stated that the total allocations for support and social protection in the general budget amount to approximately 832 billion Egyptian pounds. This includes programs such as "Takaful and Karama," the healthcare system, electricity support, and petroleum products support, with about 142 billion pounds allocated to support bread. He explained that developing the support system might require implementing a tiered system and linking the support value to the indicators of basic commodity prices to ensure that support reaches those eligible and to preserve citizens' purchasing power.
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