Egypt has allocated approximately EGP 768.5m($16m) for the Ministry of Social Solidarity in its investment plan for fiscal year (FY) 2025/26, a 75.5% increase from the EGP 455m in the previous year, the Planning and International Cooperation Ministry said.
The details were discussed during a meeting between Minister of Planning, Economic Development, and International Cooperation, Rania Al-Mashat, and Minister of Social Solidarity, Maya Morsy, to review the investment plan and the country’s new national economic development narrative.
Al-Mashat affirmed that the state attaches great importance to social protection and care programmes for the most vulnerable groups, which she said contribute to strengthening human capital and stimulating economic growth.
She outlined the investment plan’s priorities for the coming fiscal year, which include providing investments for projects nearing completion, prioritising continuation projects, and financing new priority projects in line with presidential directives, including the “Decent Life” initiative.
The planning ministry will soon begin preparations for a new three-year Economic and Social Development Plan for FY2026/27 – 2029/30, which will be framed within a medium-term budget, Al-Mashat said.
She also referenced the recent launch of “Egypt’s Narrative for Economic Development: Reforms for Growth, Jobs & Resilience,” which has been opened for public dialogue over the next two months. She noted that the Ministry of Social Solidarity’s strategy will be incorporated into the narrative, highlighting government efforts in social protection and support for low-income groups.
For her part, Morsy stressed that a new strategic financial framework for economic empowerment reflects Egypt’s shift from traditional social protection to sustainable, inclusive models. She said this framework will support families in the “Takaful and Karama” cash transfer programme and integrate capable beneficiaries into productive economic activities, enabling them to graduate from the programme.
Morsy also highlighted the role of the Rural and Environmental Industries Support Fund, which the ministry aims to transform into a national platform linking financing with production and marketing. She noted that the new Social Security Law of 2025 strengthens social justice by institutionalising financial support and transforming “Takaful and Karama” into a legal entitlement.
She concluded by stressing the ministry’s commitment to regular monitoring and evaluation of its programmes in line with the government’s action plan.
