Minister of Finance Dr. Youssef Boutros Ghali has announced that the protective insurance umbrella will reach out to 33,000 citizens more in the period from 30/6/2006-30/9/2006 thus raising the number of insured taxpayers to 19.2 million.  

 Ghali added that the value of pensions and compensations during the above period has soared to 6.2 million pounds to benefit 7.6 pensioners up till 30/9/2006.

Forty additional insurance outlets have been in place bringing the number of outlets to  14,708 distributed over 98 zones plus 415 insurance offices.  Ghali also noted that the amount of capital that has shifted to benefit pensioners has reached 8.3 million pounds.

On the other hand, head of the government fund, Rashad Salem announced that a Sudanese delegation is visiting Egypt to implement a signed agreement between both countries to settle rotational pensions of both the Sudanese and the Egyptians residing in Sudan and who used to work in Egypt.  Those living in Egypt will also be similarly treated.

Salem explained that regular meetings are in attempt to address weak points in the rules, facilitated by the introduction of e-mails to streamline payments in both countries.

Sudanese employees will be trained in Egypt in all departments related to the payment of pensions.  Rashad Salem also announced he will be visiting Sudan to meet with Egyptians and employees in the Sudanese market to help alleviate outstanding issues.

(source: Ministry of Finance)