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Thursday, 14 July 2016

Cabinet approves issuance , launches nationwide Hepatitis-C scan

With inflation running at a seven-year high, the Ismail Cabinet approved yesterday EGP 8 bn in financing to subsidize goods for the poor. The measure, approved at yesterday’s cabinet meeting, was billed as an emergency measure and will see the General Authority for Supply and Commodity (GASC) intervening in the market to cool prices for low-income consumers. Other decisions made at yesterday’s meeting:

  • Tasked NI Capital with evaluating feasibility studies conducted for sustainable development projects as part of the Vision 2030 program;
  • Approved issuing a consolidated tender to supply all oncology medication at reduced prices;
  • Tasked the Health Ministry with a nationwide Hepatitis C scan;
  • Issued amendments to law regulating medical professionals affiliated with the Health Ministry;
  • Reallocated 78,385 feddans in Sinai to the North Sinai governorate to build an industrial zone;
  • Reallocated state land from Ras Abu Bakr and Ras Gharib in the Red Sea governorate to the Electricity Ministry to build coal-fired power plants;
  • Approved EGP 40 mn promotional campaign on the Robeky leather city, Furniture city in Damietta, and the technological zones currently under construction;
  • Tasked Minister of Social Solidarity with implementing the productive cooperation law.

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