President El-Sisi Approves New Social Package for Pensioners: Increase of 600 Pounds

2023-09-21 16:58:00

Muhammad Shaalan Thursday, September 21, 2023 07:58 PM

Major General Gamal Awad, head of the National Authority for Social Insurance, confirmed that President Abdel Fattah El-Sisi knows the situation that people are suffering from, noting that the last social package to support pensioners was about 11 months ago and was an increase of 300 pounds.

Major General Gamal Awad added, during a phone call on the “Al-Hayat Al-Youm” program, with the journalist Muhammad Mustafa Shardi, on Al-Hayat channel, that the president approved a new package that will be disbursed as of next October 1, and an increase of 600 pounds will be disbursed instead of 300 pounds as an exceptional grant, explaining that Disbursement of funds requires law and approval of the House of Representatives.

He continued: “As soon as the decision was issued, we coordinated with the Ministry of Finance and prepared a draft law on the social package, and the law was referred to the House of Representatives, and the House of Representatives meets in the first week of October, and therefore we cannot disburse without a law, and in the month of the 11th the disbursement will take place retroactively because the date for disbursing the pension is the first of the month.” “And not at the end of the month.”

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