By Nourhan Badawy
Ministry of Finance approved allocating EGP 3.9bn as urgent allocations in August and September for Ministries of Health ,Transport, Cultur and Supply.
The allocation also included The Radio and Television Union and a fund to restructure public sector companies “to meet the needs of citizens”, the ministry said in a statement.
The allocations included EGP 1.5bn for Ministry of Supply, where EGP 1bn will be for financial support for the ration cards system and EGP 5000m for supporting the new bread system for the month of September.
Also EGP 1.2bn has been alloted for the General Authority for Supply Commodities (GASC) so as the latter could pay thier dues for the Sugar Company for Integrative Industries, said Mohamed Abdel Fattah, head of the Egyptian General Budget sector, within the finance ministry.
Abdel Fattah also added that the allocations included EGP 79.6m for Ministry of Transport to support operating the lines for the new railyway and subway, also supporting the students subscriptions for last July, as per the porotocol of the triterial co-operation between the three ministries of education, Transport and Finance.
Also EGP 5.1m were given to the Supreme Council of Culture to let them pay for thier employees in the sound and light sector for July and August 2015.
The allocations also included EGP 306.1m for Ministry of Health , divided into EGP 206.1m to support the programme of health insurence of elderly people.
EGP 100m were given to support medicines and children’s milks, so as the state can bear the difference between the actual price of the medicine and the pharmacies’ pricing.
The Egyptian Radio and Television Union was given EGP 230m, including EGP 220m to pay thier dues to employees and EGP 10m for the news sector in order to “help them facing the bariares they got while providing news service”.
Abdel Fattah futhered that it has been allocated EGP 186m for textile companies, adding that EGP 37.2m was allocated for the Textile and Garments Holding Company.
Companies operating in sanitation and drinking water sectors have obtained EGP 62.5m.
