Egypt c.bank takes part in New Beginning for Human Development Initiative

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By Yomna Yasser
Egypt Central Bank of Egypt's
The Central Bank of Egypt's (CBE) headquarters in the new administrative capital (CBE Photo)

The Central Bank of Egypt (CBE), in partnership with the banking sector, is participating in the government’s New Beginning for Human Development Initiative.

In alignment with the Presidential directives, the 100-day initiative aims to enhance the well-being of citizens across Egypt through various programmes and services.

The initiative was launched on Tuesday by the Ministerial Group for Human Development in the presence of the Prime Minister Moustafa Madbouly.

According to a statement by the CBE, the central bank emphasised its commitment to supporting the initiative’s goals in health, education, and financial inclusion. Through its CSR Department and with funding from the banking sector, the CBE is implementing several key projects:

  • Health Initiatives

    • Eliminating Waiting Lists Project: Providing essential surgeries and medical treatments.
    • Development of University Hospitals Project: Upgrading hospital infrastructure and equipment.
    • Establishing the first National Liver Transplant Centre in Egypt and the Middle East.
    • Your Health is a Commitment Project: Supporting breast cancer early detection and treatment.

  • Education Initiatives

    • Upgrading 100 specialised technical schools.
    • Providing fully or partially funded scholarships.

  • Financial Inclusion Initiatives

    • Organising financial inclusion events to promote banking services and financial literacy.
    • Supporting the government’s Decent Life Initiative.

“The CBE is keen to support the state’s endeavours across all sectors by launching a series of leading initiatives to advance society and improve the citizens’ quality of living.” CBE Governor Hassan Abdalla said.

“Our participation in the New Beginning for Human Development Initiative aims to implement a number of promising projects that effectively impact the areas of health, education, and financial inclusion. This contributes to achieving the initiative’s goals which represent a model for fruitful cooperation among all state entities to facilitate the services’ accessibility for citizens.”

Attribution: CBE

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