Cairo – Mubasher: Egypt’s finance ministry Mohamed Maait revealed that an amount of EGP 160.5 million will be transferred to social insurance funds from the state treasury by the end of fiscal year 2019/2020, the Middle East News Agency (MENA) reported.
Payment rules have been agreed upon with the Ministry of Social Solidarity, Maait added.
The two ministries approved the payment schedule and conditions to solve the issues related to the payment of pensions in view of the social insurance law no. 148 of 2019.