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Minister of International Cooperation: $ 505 million for social protection and $ 400 million for health insurance

Dr. Rania Al-Mashat, Minister of International Cooperation, said that the ministry agreed last year with multilateral and bilateral development partners to provide $ 905 million in development funds to enhance investment in human capital, through financing social protection and comprehensive health insurance projects..

The Minister of International Cooperation explained that these development funds aim to support the government’s program for the health and population sector, the second strategic goal related to human development, and the fifth strategic goal related to improving citizens ’livelihood..

She added that it was agreed with the World Bank Group to provide development financing in the amount of $ 400 million to support the state’s directions in implementing the comprehensive health insurance system, which is a project that generalizes universal health coverage for all citizens and promotes high-quality social care, and unifies efforts between the state and the private sector. To protect the most vulnerable.

The expansion of health care services is a national priority for the Egyptian government, and it is expected that the comprehensive health insurance system will contribute to completing Egypt’s focus on improving human capital in line with the health axis within Egypt’s vision for sustainable development for 2030..

And she continued: During 2020, the Ministry of International Cooperation supported the state’s approach to protect the most needy groups, to complement the economic reform program, through its agreement with development partners to provide development funds for social protection programs, as it was agreed with the World Bank to finance the second phase of the project to support social safety nets. (Takaful and Karama), worth $ 500 million.

It was also agreed with Germany on a grant of $ 2.2 million to finance the Equal Opportunities and Social Development Program, and another grant of $ 2.7 million, as part of the debt swap program with Germany to enhance social care and develop human resources. .

She stressed that the Takaful and Dignity program is in line with the government’s directives, to protect the most vulnerable classes while implementing economic reform measures, and to enhance the inclusiveness of the adopted economic policies. .

The Ministry of International Cooperation released the annual report 2020, at the end of last December, under the title, “International partnerships for achieving sustainable development … shaping the future in a changing world,” where he revealed that the ministry had agreed with multilateral and bilateral development partners for development funds of 9.8 One billion dollars during the year, $ 6.7 billion to finance 70 development projects for the various developmental sectors of the state, and $ 3.1 billion to finance the private sector.

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