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Many people search for details New financial aidAfter the Minister of Supply’s statements regarding the structure of the support system, and his previous speech about the Ministry’s intention to move to cash support because of the benefits it has for the citizen and the state, since it is especially ensuring that aid reaches those who deserve it, due to the presence of discussions within the national dialogue regarding the transition from in-kind aid to Cash aid.
Financial aid submission date
Citizens are interested in knowing the information Financial support His benefits after the government talked about it, and the state decided to transfer it to him instead of sex; To ensure that the citizen gets his rights and to reduce the chances of corruption related to the distribution of goods in kind, the financial transfer will be done directly, eliminating bureaucracy.
Financial aid submission date
This comes at a time when Dr. Sherif Farouk, the Minister of Supply, said that the new system will be implemented for Financial support It will begin gradually at the beginning of the fiscal year 2025, after the completion of field tests, indicating that the government is trying to find a balance between meeting the needs of citizens and ensuring the stability of the economic system, according to Egypt’s 2030 vision. for sustainable development.
For his part, Dr. Fakhri Al-Feki, Chairman of the Plan and Budget Committee in the House of Representatives, said that financial aid is regulated more than in-kind aid, because it reaches the person which he receives directly without spending outside the system.
Al-Fiqi, in exclusive statements to “Sada El Balad”: “We have 98 billion pounds worth of subsidies for bread in the general budget for this fiscal year, most of which 90 billion pounds for subsidies that give you bread, as well as about 2.5 billion pounds at points where the citizen does not get all the bread.” On the ration card, because any bread saved on the ration card gets points worth 10 piasters, and this means that it is also an aid.”
1400 pounds per year
The head of the Planning and Budget Committee of the House of Representatives confirmed: “When we distribute 98 billion pounds, the value of bread subsidies, among 70 million citizens who deserve support, each person will receive 1,400 pounds per year. If we distribute 1,400 pounds over 12 months , each person gets 100 pounds If there is a ration card for 4 people, and the whole family gets 400 pounds.”
He revealed that if there is a change from in-kind support to cash support, and each person receives 50 pounds of oil and sugar on the ration card, each person will receive cash support worth 200 pounds, and if there is a family in which. 4, the whole family will receive financial support worth 800 pounds.
He continued: “The mechanism for changing from in-kind support to cash support on the ration card and the value of the cash support will be up to the National Dialogue Administration to decide, in coordination with the government, the best thing to reach. for the citizen, so that the support reaches everyone who deserves it.”
Financial aid submission date
636 billion pounds
In a previous television interview, Dr. Sherif Farouk, Minister spoke Supply And internal trading, about the importance of delivering support to those who deserve it, shows that the value of the great support that the state directs to citizens exceeds 636 billion pounds, and in terms of support products and bread, it is higher than 135 billion pounds. .
The Minister of Supply and Internal Trade said that an amount had been issued in previous years in the form of financial support of 50 pounds per product, but the citizen continued to receive an amount greater than that.
Dr. Sherif Farouk, Minister of Supply and Internal Trade, explained that the citizen still received an amount of 50 pounds on the ration card and sugar for 12.5, as well as a bottle of oil, so it is a number lower than the number. market.
The date of implementation of cash assistance and cancellation of goods assistance
Dr. Sherif Farouk, Minister of Supply and Internal Trade, indicated that the support bill was 135 billion pounds, in addition to the 63 billion pounds borne by the state in providing the goods that, adding that the state did not raise its hand. when the citizen received part of the goods before, so he does not raise a hand.
The Minister of Supply and Internal Trade confirmed that the government is determined to ensure that the aid reaches those who deserve it.
Financial aid submission date
The Minister of Supply, Dr. Sherif Farouk, said that the cash support system will begin to be implemented in some areas on an experimental basis, with the start of the new budget for the year 2025, and this step will as the first step towards implementation. the system at a wider level, after reviewing its results and the level of citizen response to it.
The Minister emphasized that this step includes a focus on implementing the system according to well-thought-out plans that respond to the different needs of citizens.
After canceling ration cards, 10 groups have lost cash assistance
The Minister indicated that there are several types of financial support, including conditional financial support and full financial support, and the type of support will be determined according to the available databases and the absorption capacity of the state in providing support.
He confirmed that despite the challenges, the amount allocated for support in this fiscal year is higher than the amount allocated in the previous fiscal year, which shows the government’s commitment to improving the conditions of citizens.
Financial aid submission date
Dr. Mostafa Madbouly, Chairman of the Council MinistersAt a previous press conference, he said: “What we hope is that we will start the first stages of implementation in the next fiscal year if there is an agreement, stressing that the implementation details are those most important; To ensure that no problems arise that could affect the effectiveness of the idea.”
Before ration cards are cancelled, a number of organizations will be excluded from this support, according to what the Ministry of Supply announced, as the government is currently working on financial support to send the action instead of the appropriate in-kind support, and this file is being discussed in preparation for its implementation in the coming period, after the end of its discussion in the National discussion.
After canceling ration cards, 10 groups have lost cash assistance
Change benefits to cash support
There are several advantages to switching to Financial support Instead of Al-Aini, after the statements of the Minister of Supply and Internal Trade, Dr. Sherif Farouk, before the House of Representatives regarding the study of the Ministry of Supply on the means of moving to full or conditional financial support .
1- Financial aid is characterized by reducing the chances of corruption related to the distribution of goods, since the financial transfer takes place directly, which improves justice among citizens.
2- Financial aid through which the state ensures that financial aid reaches the relevant groups directly, which reduces the chances of corruption and leakage in the in-kind aid system.
3- It is characterized by giving many choices to citizens when they are getting the goods they want to buy, and it does not force them to provide specific products through financial support.
4- Financial aid improves the quality of services provided to citizens and increases the standard of living.
5 – Financial support contributes to the financial stability of the state, which leads to reducing the burdens on it.
6 – Achieving social justice, since financial aid allows aid to be directed more equitably, because the most needy families can use the aid in the way that suits them, whether it is food , housing or health services.
7- Increasing the efficiency of the support system through the allocation of government resources so that support is directed more precisely and more effectively.
8- Stimulates the economy, since monetary support allows freedom of consumption, the demand for goods and services is stimulated, which improves internal consumption and contributes to driving economic growth.
2024-11-19 05:57:00
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What role does financial aid play in reducing poverty and enhancing economic stability for low-income families in Egypt?
D questions:
Thematic Section 1: Understanding the Importance of Financial Aid and the Current State of Aid in Egypt.
1. Can you tell me more about the current state of financial aid in Egypt and the government’s plan to transition from in-kind support to cash support? What are the main reasons behind this decision?
2. Is there any recent data or statistics on the number of citizens who rely on financial aid and the value of support they receive? How does this compare to previous years?
3. What are some of the challenges the government faces when implementing changes to the financial aid system? How do you think these challenges can be addressed?
Thematic Section 2: Addressing Issues with In-Kind Support and the Benefits of Cash Support.
4. There have been concerns about corruption in the in-kind support system. How do you think transferring to a cash support system could help address these issues?
5. The government has suggested that cash support would give citizens more freedom to choose what they need. Can you provide examples of how this could be beneficial for vulnerable households?
6. What are some potential risks or downsides to shifting to a cash support system? How might these be mitigated?
Thematic Section 3: Impact of Financial Aid on Economic Growth and Social Justice.
7. How does the financial aid system contribute to economic growth in Egypt? What role does it play in stimulating consumption and supporting local businesses?
8. In your opinion, does the current financial aid system promote social justice in Egypt? If not, how could it be improved?
9. Do you think the government should target certain sectors or groups more heavily when providing financial aid? Why or why not?
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