Planning ministry issues a report on goals of social protection
Planning and Economic Development Minister Hala el Saeed said that the state had allocated EGP 302.2 billion in the 2022-23 public budget to social protection compared to EGP 251 billion in the 2020-21 public budget with an increase of 17.6 per cent.
This comes within the state’s keenness on activating the mechanisms of the social protection and care program, the minister said.
She announced these statistics on the occasion of issuing the ministry’s report concerning the goals of the 2022-23 fiscal year plan in the social protection sector.
She stated that this increase helped to reduce poverty rates to 29.7 per cent for the first time in 2019-2020 and that the state aims to reduce poverty rates to 25 per cent in 2022-23.