FY 2022/2023 Sustainable Development Plan includes for the 1st time a section on the national strategy for human rights: Planning Minister

Dr. Hala El-Said, Minister of Planning and Economic Development, stated that the plan for the fiscal year 2022/2023 includes, for the first time, a special section dealing with the role of the plan in implementing the National Human Rights Strategy (2021-2026), which was launched by the President of the Republic in September 2021, by linking between the development projects, programs, and initiatives targeted by the plan and the main pillars of the strategy.

This came during her Excellency's review of the features of the sustainable development plan for the year 2022/2023.

El-Said confirmed that the 2022/2023 plan gave great attention to the issues of inflationary pressures and their social repercussions that the Egyptian economy is currently facing in light of the consequences of global crises through what is known as imported inflation, as well as the issue of employment and maintaining unemployment rates at the lowest levels.
Concerning containing inflation, El-Said explained that the plan included mechanisms to absorb liquidity and control inflation rates despite the growing global inflationary pressures, explaining that the most prominent of these mechanisms was giving absolute priority to securing the country's import needs of strategic supply commodities, tightening supply control in the markets.

El-Said went on to review the mechanisms, noting the increase in the number of families benefiting from the social solidarity program, the increase in pensions, and the tax exemption limit to provide more protection for the first groups in care.

 El-Said pointed out that the state has allocated EGP 130 billion to deal with the repercussions of the crisis and mitigate its effects on the citizen, provided that EGP 2.7 billion will be provided to include 450,000 new families for the beneficiaries of the Takaful and Karama programs.
Moreover, the state has allocated about EGP 190 billion to the National Social Security Authority to disburse the pension increase by 13%, with a minimum of EGP 120, starting from the beginning of the end of April, as well as arranging 36 billion pounds to disburse periodic bonuses to civil servants.

Concerning the issue of unemployment, El-Said affirmed that the plan aims to expand the absorptive capacity of the labor market to reach 900,000 individuals while maintaining unemployment rates at their current level of 7.4% - 7.5%.
El-Said added that the 2023/22 plan also includes state policies and targeted government programs to address climate change and its repercussions on the ecosystem and the national economy, in light of the recommendations of the Climate Summit held in Glasgow, United Kingdom in 2021.
Following up on that, in the context of Egypt's hosting of the Climate Summit 2022 (COP 27), the plan highlights Egypt's keenness to adopt government initiatives that support sustainable green growth, so that its investments constitute 40% of the total public investments in the year of the plan, compared to 30% at present.As well as the expansion of advanced transportation projects, such as the electric train, the monorail, the alternative frequency bus for the microbus on the ring road, as well as the subway networks and electric cars, in addition to the conclusion of international agreements to produce green hydrogen as an intermediate for the production of green ammonia.