Media Center
PM Reviews Social Insurance Finances and Investment Growth
Thursday، 17 April 2025 - 12:52 PM
Prime Minister Mostafa Madbouly chaired a meeting at the New Administrative Capital to assess the financial status of the National Social Insurance Authority and the performance of its investment fund. Attending were Finance Minister Ahmed Kouchouk and Major General Gamal Awad, Head of the Authority.
Madbouly emphasized the Authority’s critical role in providing social protection and managing surplus funds through strategic investments.
Finance Minister Kouchouk reported that the Authority’s investments grew by EGP 44.2 billion in FY 2023-2024—a 7.8% rise—while investment returns increased by EGP 24.9 billion, up 33.24% from the previous year.
Major General Awad reviewed the Authority’s progress under the new pensions law and ongoing actuarial evaluations. He also highlighted key investment projects aimed at maximizing returns and sustaining financial stability.
Madbouly emphasized the Authority’s critical role in providing social protection and managing surplus funds through strategic investments.
Finance Minister Kouchouk reported that the Authority’s investments grew by EGP 44.2 billion in FY 2023-2024—a 7.8% rise—while investment returns increased by EGP 24.9 billion, up 33.24% from the previous year.
Major General Awad reviewed the Authority’s progress under the new pensions law and ongoing actuarial evaluations. He also highlighted key investment projects aimed at maximizing returns and sustaining financial stability.
Related Stories
Most Visited
Egypt’s IPO programme nets $6b from 21 deals, PM reviews next phase
Monday، 05 May 2025 08:32 PM
Egypt, China celebrate 45 years of military aviation partnership
Saturday، 10 May 2025 03:25 PM
Egypt denies granting SC navigation rights to Abu Dhabi Ports Group
Tuesday، 06 May 2025 11:00 PM
