Egypt’s Prime Minister Moustafa Madbouli yesterday attended the signing of a co-operation protocol between the Ministry of Planning and Economic Development and the Ministry of Finance regarding a programme of fi-nancial incentives special to the National Project for the Development of the Egyptian Family.
The cooperation protocol was signed by the Minister of Planning Hala El Saeed and the Minister of Finance Mohamed Maait.
The protocol comes in line with the presidential directives to dedicate a fixed fund from state revenues to support the National Project for the Development of the Egyptian Family, Madbouli said.
The premier asserted that this project, launched by President Abdel Fattah El Sisi in 2022, represents an integrated development project that targets limiting population growth as well as enhancing the demographic characteristics, like education, health, work opportunities, economic empowerment and culture.
El-Saeed pointed out that this protocol aims to coordinate efforts between the ministries of planning and finance to implement the presidential directives to follow up the executive situation of the National Project for the Development of the Egyptian Family and achieve its goals of controlling the ever-rising population through motivating women between the ages 21 and 45 to commit to its conditions.
Under the protocol, el-Saeed said,the Ministry of Planning will allow women between the ages 21 and 45 to join the project and will regularly follow up the participant women’s commitment to the project’s conditions to make sure that they deserve the incentives allocated to them by the Finance Ministry.
Meanwhile, the Minister of Finance Mohamed Maeet said that his ministry will save a sum of LE1000 for each married woman who has a maximum of two children who will later qualify for the accumulated sum when she reaches the age of 45. But in case she delivers a third child, her right for the finance incentive will be dropped. The accumulated sum will be fixed from the date the married woman qualifies for the programme, the minister said.
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