Expanding fiscal space for social protection

In a plenary session held on Monday afternoon, Egyptian MPs voted in favor of approving the country's new budget and sustainable development plan for 2019/20. The allocations earmarked for social protection measures are estimated at EGP 327.7 billion (5.3 percent of GDP) compared to EGP 328.2 billion last year, or a drop of EGP 592 million (0.2 percent).