Today, Tuesday, the National Social Insurance Authority begins implementing the decision to grant owners of annuities An exceptional grant in the amount of 300 pounds to be disbursed monthly without being bound by a certain period that ends thereafter, as of tomorrow, Tuesday, the first of November, in implementation of President Abdel Fattah El-Sisi’s directives to support pensioners. 10.7 million pensioners in Egypt benefit from this grant.
The issuance of a new social welfare package for citizens, including pensioners, comes with the disbursement of an exceptional grant in the amount of 300 pounds, to be disbursed monthly without being bound by a certain period that ends after it, noting that the President’s decision came victorious for the weak groups in society and reflects the extent to which the political leadership feels about the citizen, regardless of his position, explaining that This grant is equivalent to 30% of the values of some pensioners, which is equal to 1,000 pounds, in contrast to the 13% increase approved last April.
Prime Minister Mostafa Madbouly held a press conference, referring at the outset to the assignments of President Abdel Fattah El-Sisi, issued to the government, to develop a new social protection package for citizens, in order to confront the huge inflationary wave that the world is witnessing as a result of the current crises, pointing to the keenness and affirmation of President Abdel Fattah El-Sisi The government continues to take into account the repercussions that citizens face as a result of these crises, pointing out that this also comes as one of the outcomes of the economic conference that was held over the past days.