Gov’t rolls out LE40.3b social package ahead of Ramadan

The government will soon start providing a new LE 40.3 billion social protection package, before the start of Ramadan, aiming to support low-income and vulnerable groups, Finance Minister Ahmed Kouchouk announced on Sunday.

Addressing a press conference chaired by Prime Minister Moustafa Madbouly, Kouchouk said the measures were introduced in line with directives from President Abdel Fattah El Sisi to ease living pressures and expand social safety nets ahead of Ramadan and Eid al-Fitr.

Ahead of the announcement, Madbouly explained that the package will be implemented “immediately”, responding to directives by President Abdel Fattah El Sisi, and will remain in effect until the end of the current FY, June 30, 2026.

The move is an additional allocation that the state and the government have successfully secured, in a decisive response to claims regarding whether improvements in financial and economic indicators benefit citizens, the premier noted.

The prime minister reaffirmed that the gains of economic reform are being directed straight toward supporting citizens and alleviating their burdens.