President El-Sisi Meets Advisor for Financial Affairs

Today, President Abdel Fattah El-Sisi met with the President’s Advisor for Financial Affairs, Major General Mohammed Amin.
 
The Spokesperson for the Presidency said the meeting reviewed the contribution of Tahya Misr Fund activities to supporting the process of development and social protection programs.
 
Major General Mohammed Amin gave an overview of the Fund’s activities and contributions and noted its growing vital role in assisting the state agencies to support social protection programs and development projects nationwide and its success in many sectors to improve services and citizen’s standard of living.
 
The Fund’s contributions to various sectors across the nation, since its establishment to date, have exceeded 22 billion Egyptian pounds. This includes contributions to the field of urban development and alternative housing by about 7 billion Egyptian pounds and the field of healthcare by about 11.5 billion Egyptian pounds, such as medical procedures associated with the Coronavirus pandemic and various health initiatives and medical devices in hospitals. Contributions also included other fields such as social protection initiatives by about 1.3 billion Egyptian pounds, economic empowerment and job creation by about 400 million Egyptian pounds, education by about 531 million Egyptian pounds, programs to support the talented by about 200 million Egyptian pounds, and the investment sector by about 400 million Egyptian pounds, in addition to the Fund’s contributions in the case of emergencies and natural disasters by one billion Egyptian pounds.
 
The President gave directives for the Fund to continue its contributions and to enhance its programs, within the framework of the fruitful partnership with government agencies, civil society organizations and the private sector, in order to mobilize the state's own capabilities as one of the tools for development and to face societal challenges, also within the framework of the state's strategy to support and meet the needs of the most vulnerable families and improve services provided to them.