Egyptian President Abdel Fattah al-Sissi announced last March 15 his intention to increase the minimum wage for civil servants. The information was relayed by the spokesman of the Egyptian presidency, Bassam Rady, in a statement issued the same day.
The announcement follows a meeting with PM Dr. Mostafa Madbouly, and the Minister of Finance, Dr. Mohamed Maait, which saw the authorities discuss the draft budget for the next fiscal year 2021-22. According to the statement, the minimum salary for Egyptian public administration staff will increase from EGP2,000 to EGP2,400 ($153); up 20%.
The president also ordered the implementation of some provisions for workers, whether or not they are subject to the civil service law. These include the "increase in pensions by 13%" and the promotion of "employees who meet the conditions for promotion on 6/30/2021."
Regarding the proposed budget for FY2021-22, the Minister of Finance said that it "aims to reduce the total deficit to about 6.6% of GDP and achieve an initial surplus of 1.5% of GDP, while maintaining debt levels." According to him, this will maintain certain stability necessary for the recovery of the economy, especially in a context where factors such as covid-19 have shaken the Egyptian economy.
Algeria launches bid for two NGSO satellite telecom licenses Move aims to expand broadband ac...
Four major operators—Mauritel, Mattel, Rimatel, and Chinguitel—submitted a combined bid of ...
(EBID) - EBID aims to allocate nearly 41% of its commitments to projects with environmental and...
Nigeria, Nestlé sign MoU for dairy training center in Abuja Center to train farmers in breeding, ...
Operators review 2025 investments, outline 2026 expansion plans Consumer complaints persist...
Ethiopia signs deal with Canada’s FFI for worker training, placement Program trains candidates to Canadian standards via official ELMIS...
Joint five-year plan targets one of cocoa’s most damaging diseases Strategy focuses on replanting, surveillance, and resistant...
Cameroon LNG export revenue falls to CFA350.1 billion in 2025 Stable export volumes suggest decline driven by lower global prices LNG remains...
Cameroon invests CFA17 billion in palm oil production projects New plants, upgrades to boost output, farmer incomes, jobs Government-backed plan...
Fally Ipupa plans a two-part album project combining urban sounds and traditional rumba. The first album “XX” releases on April 17, while “XX Delirium”...
MASA 2026 gathers artists and industry professionals from over 28 countries in Abidjan. The event features 99 performances across market and...