{"id":631607,"date":"2018-03-22T04:13:49","date_gmt":"2018-03-22T04:13:49","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/22\/govt-shores-up-social-protections-in-new-budget-ahead-of-subsidy-cuts-in-july\/"},"modified":"2018-03-22T04:13:49","modified_gmt":"2018-03-22T04:13:49","slug":"govt-shores-up-social-protections-in-new-budget-ahead-of-subsidy-cuts-in-july","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/22\/govt-shores-up-social-protections-in-new-budget-ahead-of-subsidy-cuts-in-july\/","title":{"rendered":"Gov\u2019t shores up social protections in new budget ahead of subsidy cuts in July"},"content":{"rendered":"

<\/a> Gov\u2019t shores up social protections in the new budget ahead of subsidy cuts in July:<\/strong> In the run up to get the FY2018-19 budget, which would include subsidy cuts, the Ismail Cabinet is getting the message across that it is shoring up the social safety net. Public sector employees will receive a wage increase in the coming period, Prime Minister Sherif Ismail tells Al Masry Al Youm<\/a>. He also announced that a large number of citizens will be joining the Takaful and Karama social welfare programs. Furthermore, next year\u2019s budget includes increase spending on commodity subsidies for the lowest income citizens. He added that these would be explained further when the government presents the new budget to the House of Representatives, which be around 31 March. The new budget targets<\/a> a GDP growth of 5.8% and a deficit of 8.4% of GDP.<\/p>\n","protected":false},"excerpt":{"rendered":"

Gov\u2019t shores up social protections in the new budget ahead of subsidy cuts in July: In the run up to get the FY2018-19 budget, which would include subsidy cuts, the Ismail Cabinet is getting the message across that it is shoring up the social safety net. Public sector employees will receive a wage increase in […]<\/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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-631607","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"3236676c-b098-4a85-b807-71a1843b3afd","order":"0","is_powered_by":true,"section_story_id":"7bab2275-54a4-40b5-a333-a41e3b3bfcda","story_type":"1","photo_url":"","photo_position":"above","related_issue":[631591],"teaser":"","voice_url":""},"yoast_head":"\nGov\u2019t shores up social protections in new budget ahead of subsidy cuts in July - 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\/2018\/03\/22\/govt-shores-up-social-protections-in-new-budget-ahead-of-subsidy-cuts-in-july\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t shores up social protections in new budget ahead of subsidy cuts in July\" \/>\n<meta property=\"og:description\" content=\"Gov\u2019t shores up social protections in the new budget ahead of subsidy cuts in July: In the run up to get the FY2018-19 budget, which would include subsidy cuts, the Ismail Cabinet is getting the message across that it is shoring up the social safety net. Public sector employees will receive a wage increase in […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/22\/govt-shores-up-social-protections-in-new-budget-ahead-of-subsidy-cuts-in-july\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-22T04:13:49+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/22\/govt-shores-up-social-protections-in-new-budget-ahead-of-subsidy-cuts-in-july\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/22\/govt-shores-up-social-protections-in-new-budget-ahead-of-subsidy-cuts-in-july\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t shores up social protections in new budget ahead of subsidy cuts in July\",\"datePublished\":\"2018-03-22T04:13:49+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/22\/govt-shores-up-social-protections-in-new-budget-ahead-of-subsidy-cuts-in-july\/\"},\"wordCount\":157,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/22\/govt-shores-up-social-protections-in-new-budget-ahead-of-subsidy-cuts-in-july\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/03\/22\/govt-shores-up-social-protections-in-new-budget-ahead-of-subsidy-cuts-in-july\/\",\"name\":\"Gov\u2019t shores up social protections in new budget ahead of subsidy cuts in July - 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The price cuts include: Cooking oil: By EGP 1 to EGP 8.5 per bottle;Sugar:\u2026","rel":"","context":"In "Speed Round"","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":630028,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/04\/10\/budget-discussions-at-the-house-start-ahead-of-schedule\/","url_meta":{"origin":631607,"position":2},"title":"Budget discussions at the House start ahead of schedule","author":"enterpriseam admin","date":"10 April 2018","format":false,"excerpt":"BUDGET WATCH- Discussions on the FY2018-19 budget plan in the House of Representatives began almost a week ahead of schedule as the House Budget Committee kicked off its deliberations on Sunday, according to Al Mal. From what we\u2019re seeing, the committee appears to view the bill favorably. 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Fuel subsidy spending last year came in at EGP 85 bn, EGP 4 bn lower than the\u2026","rel":"","context":"In "Speed Round"","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":631436,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/03\/19\/ismail-cabinet-approves-state-budget-for-fy2018-19\/","url_meta":{"origin":631607,"position":4},"title":"Ismail cabinet approves state budget for FY2018-19","author":"enterpriseam admin","date":"19 March 2018","format":false,"excerpt":"The Ismail cabinet approved the state budget for FY2018-19, which targets GDP growth of 5.8%, up from 5.2% in the current fiscal year. The budget also targets a deficit of 8.4% of GDP, according to a statement from the cabinet. 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