Confirmed by Dr. Mohamed Moait, Minister of Finance, the global economic crises have imposed massive challenges on different countries’ budgets, especially on emerging economies. Besides financing health, education, food, fuel, and other inevitable obligations, they face compound pressures due to the unprecedented rise in prices of goods and services. The pandemic Corona proved the importance of the comprehensive health insurance system, presidential initiatives to get rid of the C virus, and end waiting lists for critical cases. During the Fifth Global Forum for Human Resources for Health organized by the World Health Organization in Geneva, the minister added that the health sector will remain a top priority for the Egyptian state because it is an inherent right of the Egyptian human rights. The allocations for health investments implemented during the current fiscal year have increased by 30% compared to the previous year. The minister reviewed ways of increasing and sustaining investments allocated to the workforce in the health sector, ensuring financial space for spending on healthcare.
Books – Ahmed Yaqoub
Fri, 07 Apr 2023 10:09 AM
confirmed Dr. Mohamed Moait, Minister of FinanceThe intertwined global economic crises, starting from the Corona pandemic, and even the war in Europe, impose huge challenges on the budgets of various countries, and the severity of these external shocks multiplies on emerging economies, as they face compound pressures as a result of the need for financing to meet the inevitable obligations of health, education, food, fuel, and others. In light of the unprecedented rise in the prices of goods and services, and the provision of financial packages to expand support and social protection for the most affected groups and sectors, to mitigate the effects of the imported inflationary wave, at a time when access to international markets to obtain financing has become more difficult and costly, explaining that the pandemic Corona proved the correctness of the Egyptian vision, which is reflected in the decisions of the political leadership to adopt a comprehensive health insurance system, presidential initiatives to get rid of the C virus, and end waiting lists for critical cases, in a way that contributed to reducing the risks that these patients might have been exposed to in light of this epidemic before they recovered. .
The minister added, during his participation in the Fifth Global Forum for Human Resources for Health organized by the World Health Organization in Geneva, entitled: “Protecting and investing in the workforce in the fields of health and care,” in the presence of Mai Farid, Assistant Minister for Economic Justice, that the health sector will continue to be a top priority for the Egyptian state; in order to provide quality health care services; As this is an inherent right of the Egyptian human rights, and the “comprehensive health insurance” system is a major tool for reforming the health sector in Egypt, as it aims to extend the umbrella of health care to all members of the Egyptian family, while allowing the choice of locations to receive the service, whether in public or private sector facilities or hospitals. University and educational, pointing out that the growing Egyptian interest in health has also reflected an increase in public spending on this vital sector, which constitutes the main pillar of human, social and economic development as well, as it affects poverty rates and productivity.
The minister indicated that the allocations for health investments implemented during the current fiscal year increased by 30% compared to the last fiscal year, and the national project “Decent Life”, which aims to develop the Egyptian countryside, along with “comprehensive health insurance”, contributed to the rehabilitation of health facilities, explaining. Allocations for the health sector increased by 13.3 billion pounds to reach 111.2 billion pounds, with a growth rate of 14%, and financial allocations for those in charge of providing health services were increased within the recently decided wage improvement package, as the risk allowance for the medical professions of doctors and nursing staff was increased. With doubling the categories of night shifts, overnight stays, and emergency incentives.
The Minister reviewed ways of increasing and sustaining investments allocated to the workforce in the health sector, ensuring financial space for spending on health care and increasing financial allocations for human development sectors in light of the frequent exceptional global economic conditions, stressing the need to adopt more appropriate global financial policies to protect the workforce in the health sector. and the sustainability of the investments directed to it.
In conclusion, Dr. Mohamed Moait, Minister of Finance, highlighted the challenges faced by emerging economies in meeting the financial obligations posed by the COVID-19 pandemic, compounded by the rising prices of goods and services. He reiterated Egypt’s commitment to providing quality healthcare services through the comprehensive health insurance system, which aims to extend the umbrella of healthcare to all members of the Egyptian family. The minister emphasized how allocations for health investments implemented during the current fiscal year increased by 30% compared to the last fiscal year, and the national project “Decent Life” has contributed to the rehabilitation of health facilities. The growing Egyptian interest in health has also reflected an increase in public spending on this vital sector, which constitutes the main pillar of human, social, and economic development. The minister called for appropriate global financial policies to protect the workforce in the health sector and the sustainability of investments directed to it. Overall, the Egyptian government’s efforts to reform the health sector and provide quality healthcare services remain a top priority.
