Egypt will raise the minimum wage to EGP 7,000 (USD 138) per month starting July as part of its 2025/2026 fiscal budget, with the lowest job grade set to receive an EGP 1,100 (USD 21) monthly increase in total compensation, Finance Minister Ahmed Kouchouk announced on Monday, 31 March. This comes after a 2023 social support package introduced by President Abdel Fattah El-Sisi, which raised the minimum wage for government employees to EGP 4,000. Under the new measures, employees governed by the Civil Service Law will receive a 10 percent annual raise, while those outside the law will receive a 15 percent raise, with a minimum increase of EGP 150 (USD 2.9) per month. The cost-of-living allowance will also rise from EGP 600 (USD 11) to EGP 1,000 (USD 20). An additional incentive of EGP 300 (USD 6) will be granted to all employees across job grades. The salary adjustments will be implemented starting July 2025 and fall under a broader plan to support income growth amid rising living costs. Wage allocations in Egypt’s 2025/2026 fiscal budget will increase by 18.1 percent, reaching EGP 679.1 billion. The budget also includesContinue reading "Egypt to Raise Minimum Wage for Public Sector Employees Starting July 2025"
Egypt to Raise Minimum Wage for Public Sector Employees Starting July 2025 first appeared on Egyptian Streets.
Read More Details
Finally We wish PressBee provided you with enough information of ( Egypt to Raise Minimum Wage for Public Sector Employees Starting July 2025 )
Also on site :