A decision to raise minimum wage for civil servants from EGP 1,200 to EGP 2,000 will go into effect next month, the Finance Ministry’s head of budgeting Mohamed El Sobky told the House of Representatives, as reported by Al Borsa.
This comes in response to inquiries and complaints by employees and deputies about delayed payment of the minimum wage increase, which was supposed to be enacted last July.
El Sobky added that the ministry has prepared a booklet to clarify all the necessary information on the minimum wage decision.
Earlier this week, Finance Minister Mohamed Maait called on all public bodies to commit to the prime minister’s decision to raise the minimum wage, and noted that organizations financially incapable of committing to the decision can formally request a revenue increase to cover its employees’ salaries.
In September, President Abdel Fatah al-Sisi took to Twitter to stress that the government is committed to protecting low-income citizens, as they were negatively impacted by recent economic measures, such as subsidy ration card cuts.
Last March, President Sisi announced his decision to raise minimum wages for the first time since 2014, during a speech at a celebration organised by the National Council for Women.
He noted that more than 300 billion pounds would be allocated for salaries in the 2019/2020 budget, up from 270 billion in the previous year.
Egypt has implemented a series of tough economic measures that included devaluing the pound and cutting subsidies to help meet the conditions of a $12 billion IMF loan, which have left many Egyptians struggling.