https://en.sputniknews.africa/20250227/egypt-raises-minimum-wage-for-public-sector-workers-countrys-minister-says-1070838295.html
Egypt Raises Minimum Wage for Public Sector Workers, Country's Minister Says
Egypt Raises Minimum Wage for Public Sector Workers, Country's Minister Says
Sputnik Africa
Egypt continues to struggle with high inflation. Facing a persistent foreign currency shortage and a prolonged economic crisis, Egypt is seeking an $8 billion... 27.02.2025, Sputnik Africa
2025-02-27T09:29+0100
2025-02-27T09:29+0100
2025-02-27T12:06+0100
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Egypt will increase the minimum wage for public sector workers to $138.50 per month, aligning it with the private sector's minimum wage set in early February, according to Egyptian Finance Minister Ahmed Kouchouk.The wage increase is part of a broader social protection initiative, with a total cost of $1.6-$1.7 billion, scheduled to begin in July.In addition, a temporary relief package amounting to $692-791 million will be implemented from March to June. This includes increased funding for the ration card system, aiming to support 10 million vulnerable families in March and April.
https://en.sputniknews.africa/20250217/egypt-welcomes-cooperation-within-brics-egypts-finance-minister-says-1070695186.html
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egypt, north africa, minimum wage, salary, economy, finance, finance minister
egypt, north africa, minimum wage, salary, economy, finance, finance minister
Egypt Raises Minimum Wage for Public Sector Workers, Country's Minister Says
09:29 27.02.2025 (Updated: 12:06 27.02.2025) Ekaterina Shilova
Writer / Editor
Egypt continues to struggle with high inflation. Facing a persistent foreign currency shortage and a prolonged economic crisis, Egypt is seeking an $8 billion loan from the IMF for economic stabilization.
Egypt will increase the minimum wage for public sector workers to $138.50 per month, aligning it with the private sector's minimum wage set in early February, according to Egyptian Finance Minister Ahmed Kouchouk.
The wage increase is part of a broader social protection initiative, with a total cost of $1.6-$1.7 billion, scheduled to begin in July.
In addition, a temporary relief package amounting to $692-791 million will be implemented from March to June. This includes increased funding for the ration
card system, aiming to support 10 million vulnerable families in March and April.
