The Egyptian government will provide an annual incentive of EGP 1,000 to married women with no more than two children as part of its efforts to address the issue of overpopulation.
Under the protocol, which was signed between the ministries of finance and planning and economic development, each woman will receive an annual amount of EGP 1,000, which will be accumulated and disbursed after the age of 45.
The cumulative amount will be determined based on the age of each woman during her participation in the program under the protocol, contingent upon her compliance with all project requirements and regular follow-up.
The program falls under the National Project for the Development of the Egyptian Family, which aims to tackle the overpopulation crisis by improving demographic characteristics such as education, health, job opportunities, economic empowerment, and culture, and controlling population growth, said the Prime Minister Mustafa Madbouli, who witnessed the signing of the protocol.
According to Minister of Finance Mohamed Maait, the government will create an account under the unified treasury account, called the National Project Account for the Development of the Egyptian Family, to issue government bonds or documents with the dues of women committed to its terms.
On the sidelines of the signing, the PM affirmed that the National Project for the Development of the Egyptian Family represents an integrated development project aimed at improving demographic characteristics such as: education, health, job opportunities, economic empowerment, and culture, in addition to control population growth.
Source: Al-Ahram Online
