Maait unveils massive EGP 180B social protection package

Updated 2/8/2024 9:07:00 AM
Maait unveils massive EGP 180B social protection package

Arab Finance: The recently approved social protection package by President Abdel Fattah El-Sisi amounts to EGP 180 billion, Minister of Finance Mohamed Maait stated during the Egypt Annual Tax Seminar hosted by PwC on February 8th.

The new package is applicable as of March 1st, Maait noted.

The government will build on this package with an additional of EGP 60 billion, he added.

Moroever, the minister highlighted that the additional amount will bring the total value of the social protection package to about EGP 240 billion.

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