{"id":599704,"date":"2019-01-08T05:09:49","date_gmt":"2019-01-08T05:09:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/08\/what-were-tracking-this-week-and-beyond-4\/"},"modified":"2019-01-08T05:09:49","modified_gmt":"2019-01-08T05:09:49","slug":"what-were-tracking-this-week-and-beyond-4","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/08\/what-were-tracking-this-week-and-beyond-4\/","title":{"rendered":"What we\u2019re tracking this week and beyond"},"content":{"rendered":"<p><b>LEGISLATION WATCH- The Social Solidarity Ministry will present a draft of the new Social Welfare Act to the House of Representatives \u201cwithin days,\u201d<\/b> Minister Ghada Wali said on Sunday, <a href=\"https:\/\/www.almalnews.com\/Story\/405800\/14\/%D9%88%D8%B2%D9%8A%D8%B1%D8%A9-%D8%A7%D9%84%D8%AA%D8%B6%D8%A7%D9%85%D9%86-%D8%A5%D8%B1%D8%B3%D8%A7%D9%84-%D9%85%D8%B3%D9%88%D8%AF%D8%A9-%D9%82%D8%A7%D9%86%D9%88%D9%86-%D8%A7%D9%84%D8%AF%D8%B9%D9%85-%D8%A7%D9%84%D9%86%D9%82%D8%AF%D9%8A-%D8%A7%D9%84%D9%85%D9%88%D8%AD%D8%AF-%D9%84\">according to Al Mal<\/a>. The bill, if passed, would require the government to provide families eliminated from the Takaful or Karama social welfare programs. It would also see the introduction two new cash subsidy programs \u2014 Igatha and Forsa \u2014 in addition to amending the overall framework governing social welfare and pensions programs, Deputy Social Solidarity Minister Nevine El Kabbag <a href=\"https:\/\/enterprise.press\/stories\/2018\/10\/22\/social-solidarity-ministry-to-present-new-social-welfare-act-to-cabinet-soon-as-finmin-drafts-law-to-give-financial-inspectors-powers-of-arrest-2\/\">had said in October<\/a>. Kabbag said at the time that the ministry would present the draft act to the Madbouly Cabinet as soon as ministry officials complete their final review of the bill.<\/p>\n<p><b>Supply Minister Ali El Moselhy will present his ministry\u2019s food security strategy to the Madbouly Cabinet \u201csoon,\u201d<\/b> the minister said at a press conference on Sunday, according to <a href=\"https:\/\/alborsaanews.com\/2019\/01\/06\/1167720\">a local source<\/a>. The new strategy will track the country\u2019s commodity production and consumption rates to able crop production forecasts and better anticipate shortages. The ministry expects the new strategy to reduce the country\u2019s EGP 50 bn wheat subsidy bill by 10-15%, according to El Moselhy.<\/p>\n<p><b>Are we hosting the African Cup of Nations? <\/b>The football supremos at CAF will reveal tomorrow whether <a href=\"https:\/\/menafn.com\/1097911497\/Qatar-Hosts-unknown-but-Cup-of-Nations-to-take-centre-stage-in-Africa\">Egypt or South Africa<\/a> will host this year\u2019s African Cup of Nation.<\/p>\n<p><b>Egypt, Sudan begin trial runs on electricity grid connection project in three weeks:<\/b> Egypt and Sudan will begin trial runs for the first phase of a USD 60-70 mn electricity interconnection project in two weeks at a capacity of 100 MW, <a href=\"https:\/\/alborsaanews.com\/2019\/01\/02\/1166336\">local news reported<\/a>. A government source said 95% of the project has been completed.<\/p>\n<p><b>A government committee mandated with defining Egypt\u2019s informal economy is set to meet for the first time this month<\/b>. The committee\u2019s work comes in light of the Madbouly government\u2019s bid to <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/13\/egypt-seeks-world-bank-imf-support-to-include-informal-sector-in-gdp\/\">convince the World Bank and the IMF to agree to include the informal economy<\/a> in calculations of Egypt\u2019s GDP.<\/p>\n<p><b>Bond issuance plans to be made clear this month: <\/b>Finance Minister Mohamed Maait <a href=\"https:\/\/enterprise.press\/stories\/2018\/12\/18\/egypt-arranging-eurobond-roadshow-in-europe-soon\/\">said last month<\/a>that the government would unveil its international bond issuance plans for 1Q2019 in January.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>LEGISLATION WATCH- The Social Solidarity Ministry will present a draft of the new Social Welfare Act to the House of Representatives \u201cwithin days,\u201d Minister Ghada Wali said on Sunday, according to Al Mal. The bill, if passed, would require the government to provide families eliminated from the Takaful or Karama social welfare programs. It would [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[9409],"tags":[317,72,348,274,180,3630,190,9062,162,126,2200,1041,2385],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-599704","post","type-post","status-publish","format-standard","hentry","category-up-next","tag-commodities","tag-enterpriseam","tag-gdp","tag-house-of-representatives","tag-legislation","tag-social-solidarity-ministry","tag-social-welfare","tag-social-welfare-act","tag-sports","tag-sudan","tag-takaful-and-karama","tag-treasuries","tag-up-next","wpautop","entry"],"acf":{"mongo_id":"cf182019-9dd0-4231-9556-abf31e07fd23","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[599679],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>What we\u2019re tracking this week and beyond - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2019\/01\/08\/what-were-tracking-this-week-and-beyond-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What we\u2019re tracking this week and beyond\" \/>\n<meta property=\"og:description\" content=\"LEGISLATION WATCH- The Social Solidarity Ministry will present a draft of the new Social Welfare Act to the House of Representatives \u201cwithin days,\u201d Minister Ghada Wali said on Sunday, according to Al Mal. 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This will bring the number of beneficiaries of the cash subsidy programs to 3.4 mn families, or approximately 14 mn individuals.\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2020\/1\/578.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":562020,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/04\/underage-marriage-no-welfare-benefits\/","url_meta":{"origin":599704,"position":1},"title":"Underage marriage = no welfare benefits","author":"enterpriseam admin","date":"4 May 2021","format":false,"excerpt":"SMART POLICY- Financial support from the Takaful and Karama program could become contingent on families refraining from marrying off underage daughters under a new proposal by the Social Solidarity Ministry, Minister Nevine El Kabbaj said, according to Al Mal. The proposed amendments to the conditions of the programs would bar\u2026","rel":"","context":"In &quot;Policy&quot;","block_context":{"text":"Policy","link":"https:\/\/enterpriseam.com\/egypt\/category\/policy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599522,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/02\/egypt-looking-to-make-takaful-and-karama-handouts-contingent-on-childrens-school-attendance\/","url_meta":{"origin":599704,"position":2},"title":"Egypt looking to make Takaful and Karama handouts contingent on children\u2019s school attendance","author":"enterpriseam admin","date":"2 January 2019","format":false,"excerpt":"Smart government policy: Takaful and Karama handouts will be contingent on school attendance: The Social Solidarity Ministry will make families\u2019 cash benefits under the Takaful and Karama welfare programs contingent on their children maintaining a school attendance record of at least 80% of the year, Deputy Minister Nevine El Kabbaj\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":572310,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/21\/govt-could-manage-takaful-karama-pension-via-dedicated-investment-fund\/","url_meta":{"origin":599704,"position":3},"title":"Gov't could manage takaful, karama pension via dedicated investment fund","author":"enterpriseam admin","date":"21 June 2020","format":false,"excerpt":"Gov't could manage takaful, karama pension assets via dedicated investment fund: Prime Minister Moustafa Madbouly discussed a proposal by the Social Solidarity Ministry to turn the takaful and karama pensions into a fund and invest pensioners\u2019 savings, according to a cabinet statement. The proposal also includes granting beneficiaries cash allocations\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":599749,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/01\/09\/what-were-tracking-this-week-and-beyond-5\/","url_meta":{"origin":599704,"position":4},"title":"What we\u2019re tracking this week and beyond","author":"enterpriseam admin","date":"9 January 2019","format":false,"excerpt":"LEGISLATION WATCH- The Social Solidarity Ministry will present a draft of the new Social Welfare Act to the House of Representatives \u201cwithin days,\u201d Minister Ghada Wali said on Sunday, according to Al Mal. The bill, if passed, would require the government to provide families eliminated from the Takaful or Karama\u2026","rel":"","context":"In &quot;Up Next&quot;","block_context":{"text":"Up Next","link":"https:\/\/enterpriseam.com\/egypt\/category\/up-next\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":595083,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/09\/16\/egypt-to-obtain-first-segment-of-usd-500-mn-world-bank-loan-next-fiscal-year\/","url_meta":{"origin":599704,"position":5},"title":"Egypt to obtain first segment of USD 500 mn World Bank loan next fiscal year","author":"enterpriseam admin","date":"16 September 2019","format":false,"excerpt":"Takaful and Karama will receive first payment of USD 500 mn World Bank loan next fiscal year: The Social Solidarity Ministry will start receiving payments from the USD 500 mn World Bank loan for the Takaful and Karama social welfare programs in three tranches over three years, starting from FY2020-2021,\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/599704","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=599704"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/599704\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/599679"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=599704"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=599704"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=599704"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=599704"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=599704"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}