{"id":648928,"date":"2017-04-18T03:58:23","date_gmt":"2017-04-18T03:58:23","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/government-hypes-up-social-spending\/"},"modified":"2017-04-18T03:58:23","modified_gmt":"2017-04-18T03:58:23","slug":"government-hypes-up-social-spending","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/government-hypes-up-social-spending\/","title":{"rendered":"Government hypes up social spending"},"content":{"rendered":"

<\/a> Cabinet spent the long weekend hyping up social welfare spending ahead of its budget debate in the House after its draft <\/strong>2017-18 budget \u2018leaked\u2019 to the media. <\/strong>The Ismail government spent the long weekend promoting its social welfare spending as it prepares to sell the House of Representatives on its FY2017-18 budget, a draft of which has been sent to the House and subsequently leaked to Al Mal<\/a>. The budget discussion comes as the nation prepares for both Ramadan and a visit to Egypt by an IMF delegation next month.<\/p>\n

Finance Minister Amr El Garhy led the charge<\/strong>, announcing<\/a> that the budget for social welfare spending (including the Takaful and Karama cash benefit programs) will grow 50% to EGP 15 bn from EGP 10 bn under the current budget. El Garhy said that next fiscal year would see food subsidies spending increase 30%<\/strong>, by far the most interesting item on the budget to the local media. This would primarily come from increasing the allocation of subsidies to smart card holders to EGP 27 per month from EGP 21. Supply Minister Ali El Moselhy also revealed that the ministry is considering giving subsidy card holders a EGP 7 cash handout every month for Ramadan, Al Mal<\/a> reports.<\/p>\n

More goodies are up for grabs:<\/strong> The government is also considering an \u201cexceptional bonus\u201d to state employees, but has not settled on an amount yet, said Deputy Finance Minister Mohamed Maait. He reiterated previous statements that the ministry is working on a new tax code that would offer further tax refunds to low income families, according to the newspaper<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

Cabinet spent the long weekend hyping up social welfare spending ahead of its budget debate in the House after its draft 2017-18 budget \u2018leaked\u2019 to the media. The Ismail government spent the long weekend promoting its social welfare spending as it prepares to sell the House of Representatives on its FY2017-18 budget, a draft of […]<\/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-648928","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"5c70af46-8288-4eb5-9d57-bfb39f9501c0","order":"0","is_powered_by":true,"section_story_id":"29a462b4-b71a-4215-a80a-06e02426e1b1","story_type":"1","photo_url":"","photo_position":"above","related_issue":[648920],"teaser":"","voice_url":""},"yoast_head":"\nGovernment hypes up social spending - 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\/04\/18\/government-hypes-up-social-spending\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government hypes up social spending\" \/>\n<meta property=\"og:description\" content=\"Cabinet spent the long weekend hyping up social welfare spending ahead of its budget debate in the House after its draft 2017-18 budget \u2018leaked\u2019 to the media. The Ismail government spent the long weekend promoting its social welfare spending as it prepares to sell the House of Representatives on its FY2017-18 budget, a draft of […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/government-hypes-up-social-spending\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-04-18T03:58:23+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\/2017\/04\/18\/government-hypes-up-social-spending\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/government-hypes-up-social-spending\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Government hypes up social spending\",\"datePublished\":\"2017-04-18T03:58:23+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/government-hypes-up-social-spending\/\"},\"wordCount\":264,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/government-hypes-up-social-spending\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/government-hypes-up-social-spending\/\",\"name\":\"Government hypes up social spending - EnterpriseAM Egypt\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\"},\"datePublished\":\"2017-04-18T03:58:23+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/government-hypes-up-social-spending\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/government-hypes-up-social-spending\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/government-hypes-up-social-spending\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/egypt\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Government hypes up social spending\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#website\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"name\":\"EnterpriseAM\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/egypt\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\",\"name\":\"EnterpriseAM\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/240894.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/240894.svg\",\"caption\":\"EnterpriseAM\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/egypt\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Government hypes up social spending - EnterpriseAM Egypt","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/egypt\/2017\/04\/18\/government-hypes-up-social-spending\/","og_locale":"en_US","og_type":"article","og_title":"Government hypes up social spending","og_description":"Cabinet spent the long weekend hyping up social welfare spending ahead of its budget debate in the House after its draft 2017-18 budget \u2018leaked\u2019 to the media. 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This should come to around EGP 40 bn, he told President Abdel Fattah El Sisi and\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":561902,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/04\/26\/finmin-releases-egypts-draft-fy2021-22-budget\/","url_meta":{"origin":648928,"position":1},"title":"FinMin releases Egypt\u2019s draft FY2021-22 budget","author":"enterpriseam admin","date":"26 April 2021","format":false,"excerpt":"FinMin publishes draft budget as House pushes on with its discussion: The Finance Ministry released yesterday its draft FY2021-2022 budget (pdf), which is under discussion at the House of Representatives after earning cabinet sign-off last month. MPs need to approve the draft before the start of the fiscal year on\u2026","rel":"","context":"In "BUDGET WATCH"","block_context":{"text":"BUDGET WATCH","link":"https:\/\/enterpriseam.com\/egypt\/category\/budget-watch\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2021\/4\/262.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":570413,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/03\/31\/government-spending-on-health-education-wages-and-welfare-is-set-to-increase-in-fy2020-2021\/","url_meta":{"origin":648928,"position":2},"title":"Government spending on health, education, wages and welfare is set to increase in FY2020-2021","author":"enterpriseam admin","date":"31 March 2020","format":false,"excerpt":"Government spending on health, education, wages and welfare is set to increase in the coming fiscal year, according to highlights of the draft 2020-2021 budget released yesterday by the Finance Ministry. Our math suggests government spending will increase 9% during the year in what Finance Minister Mohamed Maait called Egypt\u2019s\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\/2020\/3\/350.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":566014,"url":"https:\/\/enterpriseam.com\/egypt\/2021\/05\/23\/govt-to-slash-subsidies-doled-out-to-help-water-companies-cover-expenses\/","url_meta":{"origin":648928,"position":3},"title":"Gov\u2019t to slash subsidies doled out to help water companies cover expenses","author":"enterpriseam admin","date":"23 May 2021","format":false,"excerpt":"State water companies will no longer be getting subsidies from the state to cover their spending shortfall starting next fiscal year, according to the FY2021-2022 draft budget (pdf). 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