Egyptian government reveals figures on 'Forsa' targeting employment among monetary subsides beneficiaries

CAIRO – 1 April 2024: 'Forsa,' the programme pertinent to the employment of the beneficiaries of the monetary subsidies programme Takaful w Karama, targets to create jobs for 800 individuals at a cost of $400,000 in the governorates of Sharqia and Asyut by June upping the total to 9,500.

It is noted that 1,500 of those found jobs at four employment fairs, while the rest became self-employed through microfinancing to enterprises in the sectors agriculture, animal production, carpets, garments, furniture, home wear, and metal forging among others.

The programme is funded through a grant from the Norwegian government, and implemented in collaboration with the International Labor Organization (ILO). Its achievements included the capacity-building of 56 NGOs in Sharqia and Asyut, 19 microfinancing associations, and 105 instructors who train Forsa beneficiaries.

On other hand, Takaful w Karama programme would continue disbursing the monetary subsidies for 6-12 months after beneficiaries begin work until they are stable in the job. Minister of Social Solidarity Nevine al-Qabaj stated that there were 4.7 million families enrolled in the programme and that its budget for 2024 was LE41 billion.