According to the International Monetary Fund (IMF)’s statement on Saturday, strengthening social protection for the poor and the neediest has been one of the Egyptian government\u2019s priorities since the start of the economic reform program. <\/p>\n
\u201cThe authorities have been gradually expanding better-targeted social programs. These include Takafol and Karama\u2014 cash transfer programs to the poorest households, the coverage of which has been expanded to more than 10 million people,\u201d the IMF said in a press release about the fourth review of the Egyptian economy\u2019s performance. <\/p>\n
The IMF noted that Cairo is taking additional measures to compensate the impact of the reform program, including \u201clump-sum public wage bonuses, a 15-percent increase in pensions, and progressive tax credits\u201d. <\/p>\n
In the same regard, the statement pointed out to Forsa program that helps create job opportunities, Mastoura program, which helps with microcredit for women, in addition to Sakan Karim, a program that promotes access to clean drinking water and sanitation.<\/p>\n
Egypt Today<\/p>\n","protected":false},"excerpt":{"rendered":"
According to the International Monetary Fund (IMF)’s statement on Saturday, strengthening social protection for the poor and the neediest has been one of the Egyptian government\u2019s priorities since the start of the economic reform program. \u201cThe authorities have been gradually expanding better-targeted social programs. These include Takafol and Karama\u2014 cash transfer programs to the poorest […]<\/p>\n","protected":false},"author":40,"featured_media":130407,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7863],"tags":[2484,7955,47330],"class_list":["post-130406","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-english-section","tag-egypt","tag-imf","tag-takafol-and-karama"],"yoast_head":"\n