Egypt’s Minister of Finance and Mohamed Maait Wednesday said the budget of the new fiscal year 2024-2025 will witness a remarkable increase in allocations for the health sector, in particular the expenditure on medical investments, in line with presidential directives.
Maait, who also serves as head of the Universal Healthcare Insurance System (UHIS), said that the move is meant to push forward the process of putting into effect the UHIS nationwide, which is deemed a key tool for reforming Egypt’s health sector, reducing psychological and financial burden on patients and subsequently reducing poverty rates.
The new budget seeks carrying on with the implementation of “Decent Life” initiative that seeks developing Egypt’s rural areas and improving the living standards of 60 percent of Egyptians, the minister said.
He asserted commitment to working with all bodies concerned in order to enhance the efficiency of the UHIS, including by taking field tours of governorates that have adopted the new system to remove any obstacles and facilitate the provision of health care for people.
Maait added that the state’s public treasury covers the subscriptions of needy-people to alleviate financial burdens on them.
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