CAIRO: The Egyptian government will start delivering smart cards to farmers to provide them with financial support by the end of June 2016, announced Planning Minister Ashraf al Araby Sunday.
The remarks came during President Abdel Fatah al-Sisi’s visit to the 19th round of the Cairo ICT (Information Communication Technology) exhibition.
The finance ministry’s department in charge of the fuel smart cards scheme has been collecting data on farmers and their agricultural holdings in order to provide them with adequate amounts of diesel to operate their machinery, fertilizers and any other equipment to help farmers accomplish their work, assistant finance minister for institutional development Amr Badawi was quoted by Youm7.
The only proof the government needs is evidence that the farmer applying to get a smart card owns a farm and farming machinery, he added.
He also added that the ministry also considers handing over cash support for some crops through farmer smart card.
Egypt’s smart card system for subsidized fuel purchases is aimed at curbing misuse of petroleum products and reducing Egypt’s energy subsidy bill, which accounts for 13 percent of government spending in the public budget for the 2014-15 Fiscal Year, Finance Minister Hany Kadry was quoted earlier by Youm7.