Learn about the charity fund for education and how to develop it × 5 Information
The Ministry of Planning, Follow-up and Administrative Reform held the first meeting of the Board of Directors of the National Investment Fund for Education, which aims to find a mechanism to provide sustainable funding for educational projects.
The main information about this fund is:
– The establishment of a charitable investment fund to support education is aimed at finding a mechanism to provide sustainable funding for educational projects, to raise the level of education and work to support students.
– It will also provide a distinguished educational service directed to disadvantaged and needy areas, with the Department of Charity and Waqf in an institutional and professional manner.
– It aims to achieve a regular periodic return, while maintaining a low level of risk
– The Fund relies on a diversified investment in low risk and high liquidity instruments such as fixed income instruments such as treasury bills, treasury bonds, saving instruments and high yield instruments such as shares of Egyptian companies listed on the Egyptian Stock Exchange.
– The idea of the Education Support Fund comes within the framework of the State's interest in building Egyptian human beings, especially in the field of education.
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