Back to the complete issue
Monday, 30 May 2016

Gov’t’s detailed healthcare agenda and budget revealed

That said, the government had apparently planned for total investments in the healthcare sector to increase 16.7% year-on-year EGP 12.6 bn, up from EGP 10.6 bn. According to a detailed healthcare agenda published in Al Borsa, the government had intended for the private sector to cover 40% of these costs with investments of EGP 5 bn. The treasury was expected to cover 81% of the EGP 7.3 bn the government had planned to pump into the sector with the remainder being spent from the reserves, local government budgets and international aid grants. EGP 4.5 bn would be spent on building 160 new hospitals, EGP 450 mn in building intensive care units in varying hospitals and providing them with 300 ambulances, while EGP 520 mn would go into developing prenatal care facilities at existing hospitals.

Enterprise is a daily publication of Enterprise Ventures LLC, an Egyptian limited liability company (commercial register 83594), and a subsidiary of Inktank Communications. Summaries are intended for guidance only and are provided on an as-is basis; kindly refer to the source article in its original language prior to undertaking any action. Neither Enterprise Ventures nor its staff assume any responsibility or liability for the accuracy of the information contained in this publication, whether in the form of summaries or analysis. © 2022 Enterprise Ventures LLC.

Enterprise is available without charge thanks to the generous support of HSBC Egypt (tax ID: 204-901-715), the leading corporate and retail lender in Egypt; EFG Hermes (tax ID: 200-178-385), the leading financial services corporation in frontier emerging markets; SODIC (tax ID: 212-168-002), a leading Egyptian real estate developer; SomaBay (tax ID: 204-903-300), our Red Sea holiday partner; Infinity (tax ID: 474-939-359), the ultimate way to power cities, industries, and homes directly from nature right here in Egypt; CIRA (tax ID: 200-069-608), the leading providers of K-12 and higher level education in Egypt; Orascom Construction (tax ID: 229-988-806), the leading construction and engineering company building infrastructure in Egypt and abroad; Moharram & Partners (tax ID: 616-112-459), the leading public policy and government affairs partner; Palm Hills Developments (tax ID: 432-737-014), a leading developer of commercial and residential properties; Mashreq (tax ID: 204-898-862), the MENA region’s leading homegrown personal and digital bank; Industrial Development Group (IDG) (tax ID:266-965-253), the leading builder of industrial parks in Egypt; Hassan Allam Properties (tax ID:  553-096-567), one of Egypt’s most prominent and leading builders; and Saleh, Barsoum & Abdel Aziz (tax ID: 220-002-827), the leading audit, tax and accounting firm in Egypt.