{"id":644862,"date":"2017-07-05T03:59:34","date_gmt":"2017-07-05T03:59:34","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/05\/takaful-and-karama-to-give-children-under-six-a-monthly-stipend-of-egp-60-for-the-first-time\/"},"modified":"2017-07-05T03:59:34","modified_gmt":"2017-07-05T03:59:34","slug":"takaful-and-karama-to-give-children-under-six-a-monthly-stipend-of-egp-60-for-the-first-time","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/07\/05\/takaful-and-karama-to-give-children-under-six-a-monthly-stipend-of-egp-60-for-the-first-time\/","title":{"rendered":"Takaful and Karama to give children under six a monthly stipend of EGP 60 for the first time"},"content":{"rendered":"<p><strong>Takaful and Karama to handout cash subsidies to children under six:<\/strong> Children under the age of six will be getting a monthly stipend of EGP 60 from the state\u2019s Takaful and Karama cash subsidy programs for the first time starting August, Deputy Social Solidarity Minister Nivine El Kabbag <a href=\"http:\/\/www.almasryalyoum.com\/news\/details\/1157900\">tells AMAY<\/a>. The programs, which used to extend only to school children, will cover up to three children per family, taking the youngest by default. Children in primary school will receive an EGP 80 stipend, up from EGP 60 before, while those in middle school will get EGP 100, and those in high school will get EGP 140 a month, El Kabbag added.<\/p>\n<p>On a related note<strong>, the move to cash subsidies got a pat on the back from Parliament yesterday. <\/strong>Mohamed Elsewedy, leader of the Support Egypt Coalition (Parliament\u2019s biggest bloc) publically endorsed the move, <a href=\"http:\/\/www.shorouknews.com\/news\/view.aspx?cdate=04072017&id=68324e7b-0312-423f-a3a7-5aa64bc66bd3\">telling reporters<\/a> the transition to cash was inevitable. Elsewedy also lauded the government\u2019s recent move to <a href=\"https:\/\/enterprise.press\/stories\/2017\/07\/02\/govt-hikes-fuel-prices-55\/\">lift fuel subsidies<\/a> further, saying that the gradual phase-out of fuel and energy subsidies will allow the state to direct resources where they\u2019re most needed, such as social welfare, healthcare, and transportation.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Takaful and Karama to handout cash subsidies to children under six: Children under the age of six will be getting a monthly stipend of EGP 60 from the state\u2019s Takaful and Karama cash subsidy programs for the first time starting August, Deputy Social Solidarity Minister Nivine El Kabbag tells AMAY. The programs, which used to [&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":[8572],"tags":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-644862","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"2b214975-677c-4219-b2de-5d5d3dc0dd66","order":"0","is_powered_by":true,"section_story_id":"3a55eb18-a34b-4380-8b65-cccc7b5eb3ad","story_type":"1","photo_url":"","photo_position":"above","related_issue":[644848],"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>Takaful and Karama to give children under six a monthly stipend of EGP 60 for the first time - 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\/2017\/07\/05\/takaful-and-karama-to-give-children-under-six-a-monthly-stipend-of-egp-60-for-the-first-time\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Takaful and Karama to give children under six a monthly stipend of EGP 60 for the first time\" \/>\n<meta property=\"og:description\" content=\"Takaful and Karama to handout cash subsidies to children under six: Children under the age of six will be getting a monthly stipend of EGP 60 from the state\u2019s Takaful and Karama cash subsidy programs for the first time starting August, Deputy Social Solidarity Minister Nivine El Kabbag tells AMAY. 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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":575959,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/11\/04\/takaful-and-karama-pension-fund-approved\/","url_meta":{"origin":644862,"position":2},"title":"Takaful and Karama pension fund approved","author":"enterpriseam admin","date":"4 November 2020","format":false,"excerpt":"The Takaful and Karama welfare programs will be getting their own dedicated investment fund after the prime minister approved a proposal during a meeting of the Social Justice Committee on Tuesday, according to a cabinet statement. The fund will invest pensions in the capital markets to maximize savings and expand\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":572363,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/22\/egypt-receives-first-installment-of-usd-500-mn-world-bank-facility\/","url_meta":{"origin":644862,"position":3},"title":"Egypt receives first installment of USD 500 mn World Bank facility","author":"enterpriseam admin","date":"22 June 2020","format":false,"excerpt":"The World Bank has disbursed the first USD 325 mn tranche of a USD 500 mnfacility to subsidize the Takaful and Karama cash subsidy programs, Social Solidarity Minister Nivine El Kabbag tells Al Mal. The remaining USD 175 mn is expected to land in Egypt within days, according to El\u2026","rel":"","context":"In &quot;Diplomacy + Foreign Trade&quot;","block_context":{"text":"Diplomacy + Foreign Trade","link":"https:\/\/enterpriseam.com\/egypt\/category\/diplomacy-foreign-trade\/"},"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":644862,"position":4},"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":622000,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/11\/25\/egypt-welfare-recipients-will-receive-payouts-for-a-maximum-of-two-children-starting-in-january-2019\/","url_meta":{"origin":644862,"position":5},"title":"Egypt welfare recipients will receive payouts for a maximum of two children starting in January 2019","author":"enterpriseam admin","date":"25 November 2018","format":false,"excerpt":"Smart policy: Giving incentives for birth control: China\u2019s (flagging?) two-child policy could never fly in Egypt for cultural and religious reasons, so the government is turning to economic incentives: Starting January 2019, families enrolled in the Takaful and Karama welfare programs will be able to claim cash benefits for a\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\/644862","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=644862"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/644862\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/issue\/644848"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=644862"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=644862"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=644862"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=644862"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=644862"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}