Disability protection fund gets go ahead from House committee:The House Social Solidarity Committee yesterday greenlit a draft decision setting up an EGP 1 bn fund to support people with disabilities. The Differently Abled Fund — which President Abdel Fattah El Sisi directed to be set up last year — will finance training programs to help people with disabilities enter the job market and run SMEs among other forms of social and financial support.

The private sector won’t be squeezed to fund it: The bill would obligate the military’s National Service Projects Organization (NSPO) to donate EGP 500 mn, the New Urban Communities Authority EGP 200 mn, the Tahya Misr Fund to kick in EGP 100 mn, the Suez Canal Authority another EGP 100 mn, and the Martyrs Fund EGP a final EGP 100 mn before the end of the current 2023-2024 fiscal year.

What’s next? The bill will be up for discussion and vote when the House reconvenes next week.

ALSO FROM THE HOUSE- Not everyone enjoyed last week’s long holiday. Member of the Republican People's Party Amal Abdel Hamid called on Prime Minister Moustafa Madbouly and the ministers of finance, planning, and manpower to reconsider the implications of extended public holidays after the seven-day Eid break, according to Ahram Online. “This long public holiday, which saw vital sectors like banks and the stock exchange closing for seven days, led to disrupting the interests of citizens and businesses and harming the national economy,” she said.

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