CABINET WATCH- Cabinet ratifies c.EUR 113 mn French funding agreements: The Moustafa Madbouly Cabinet ratified during its weekly meeting yesterday two c.EUR 113 mn-worth of funding agreements from the French Agency for Development (AFD), according to a statement. The first agreement will fund women-led SMEs through extending up to EUR 50 mn and grant up to EUR 1 mn to the SMEs Development Authority. The second will make available to the government up to EUR 60 mn and grant EUR 2 mn to support our new national healthcare system under the Universal Healthcare Act.

The ministers also signed off on raising the Education Ministry’s budget for purchasing online content for school curricula. The additional funding will be sourced from the Education Support Fund. No further details were provided.

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