Egypt will remove subsidies on most energy products by June 15, it told the International Monetary Fund in a January letter released by the IMF on Saturday as part of a review of Cairo’s three-year, $12 billion loan program with the lender.
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’s priorities since the start of the economic reform program.
The International Monetary Fund (IMF) said strengthening social protection for the poor and the neediest has been one of the Egyptian government’s priorities since the start of the economic reform program.
The Ambassador of Canada to Egypt and the World Food Programme’s (WFP) Deputy Country Director visited today one of the schools of their joint school feeding project that has assisted over 1 million Egyptian and Syrian students over the past 4 years. With a generous contribution from Canada, of 10 million Canadian dollars, WFP started this project to support access to education for Egyptians and Syrians alike.
Cash transfers are a small yet effective way to help women take charge of their lives and empower them to make financial decisions. An example of this is the “Takaful and Karama” cash transfer program which was launched in 2015. To date the program has covered 2.26 million households, which amounts to approximately 9.4 million individuals, or approximately 10% of Egypt’s population.
"The Middle East and North Africa (MENA) region is confronted by significant challenges resulting from multiple shocks and complex emergencies: countries in the region face various risks in terms of natural disasters, including earthquakes, floods and drought; violent conflicts, such as in Syria, pose unprecedented challenges related to the scale of human displacement; and the breakdown of service provision caused by conflict is leading to the increasing prevalence of malnutrition and communicable diseases in Yemen". (...)
Over the past decade, the World Food Programme (WFP) has increased its use of cash-based transfers (CBTs) to assist persons who are food insecure. In 2017, WFP provided 1.3 billion USD in cash transfers, up from 880 million USD in the previous year and being 30 percent of the total food assistance provided. 19.2 million people (51% females / 49% males), across 61 countries with 98 operations, were assisted through cash transfers in 2017.
Over the past decade, the World Food Programme (WFP) has increased its use of cash-based transfers (CBTs) to assist persons who are food insecure, with CBTs considered an effective tool to contribute to Sustainable Development Goal (SDG) 2 to “End hunger, achieve food security and improved nutrition, and promote sustainable agriculture”. In 2017, WFP provided 1.3 billion USD in cash transfers, up from 880 million USD in the previous year and being 30 percent of the total food assistance provided.
Spotlight seminar ‘A Fair Chance for All Children in Egypt: New Evidence from the Brazilian Program Bolsa Familia’ - at the American University in Cairo (AUC), New Cairo Campus, Conferenc and Visitors Center, Room P022 (Close to Bassily Auditorium)