Four international institutions to finance Egypt’s universal health insurance system with $ 1 billion
Minister of International Cooperation Rania Al-Mashat, Minister of Finance Mohamed Maait, Marina Wes, Regional Director of the World Bank office in Egypt, Yemen and Djibouti, AFD Country Director for Egypt, Fabio Grazi, Naeema Al-Gasseer, WHO Representative in Egypt Chief Representative of JICA Office in Egypt, Mr. OMURA Yoshifumi at their meeting on Wednesday, October 6, 2021. Photo courtesy of the Facebook page of the Egyptian cabinet.
The announcement was made following a meeting between the Minister of Finance, the Minister of International Cooperation Rania Al-Mashat and representatives of the four international institutions.
Maait said $ 4.2 million of the total sum is expected to be provided in the coming months.
“The universal health insurance system is a turning point in the Egyptian government’s work program that contributes to achieving inclusive growth in line with Egypt’s Vision 2030 and the UN’s Global Sustainable Development Goals (SDGs), as well as the Africa We Want Agenda 2063, ”said Maait. .
Minister Al-Mashat said the Egyptian health sector has proven its resilience in the face of the pandemic by providing all the health tools necessary to safeguard public health and safety.
Al-Mashat added that the current portfolio of projects in the Egyptian health sector includes 32 projects worth $ 1.4 billion that serve SDG 3 on good health and well-being.
Marina Wes, regional director of the World Bank’s office in Egypt, Yemen and Djibouti, said the facility helps expand the universal health insurance system to six governorates, improves the lives of citizens and strengthens governance in the area.
AFD Country Director for Egypt, Fabio Grazi, said the agency supports reform initiatives in Egypt and that the announced facility guarantees the financial sustainability of the system.
Egypt launched the universal health insurance system in 2019 which will be applied in five governorates: Port Said, Ismailia, Aswan, Luxor and Suez.
The system aims to extend high quality medical services to the public without discrimination at affordable costs for the whole family.