Societal protection program behind success of Egyptian economic reforms

Investment and International Cooperation Minister Sahar Nasr stressed on Monday that the success of Egyptian economic reforms is attributed to the implementation of a comprehensive societal protection program.

The comprehensive societal protection program aims at improving living standards of citizens, empowering women and youths and securing citizens' needs especially in needy areas, Sahar said in a statement by the Investment and International Cooperation Ministry.

Sahar was speaking in a session on Identification for Development initiative that was held on the sidelines of her participation in the annual meetings of the World Bank in Washington in the presence of representatives of the Administrative Control Authority and top economic aides.

Talks with WB officials, Sahar said, tackled boosting social housing project in Egypt by 550 million dollars and Ta program by 400 million dollars.

The World Bank Group's Identification for Development (ID4D) initiative plays an essential role in helping countries move forward to achieve the Sustainable Development Goals and leave no one behind. Identification provides a foundation for other rights and gives a voice to the voiceless.

Source: MENA