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Latest in Tag: negative effects


Egypt’s social spending strives to curb negative effects of reforms

Subsidies FY 2015/16 (billions of EGP) FY 2016/17 (billions of EGP) FY 2017/18 (billions of EGP) FY 2018/19 (billions of EGP) Food commodity subsidies 42.7 47.5 82.2 86.2 Cash subsidies (Social solidarity pensions and Takaful and Karama programmes) 8.8 12.9 17.5 17.5 Number of beneficiaries 0.7 1.7 2.85 3.2 Sources: Ministry of Finance and Ministry …

Mohamed Samir

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