News
Egypt will begin disbursing higher public sector salaries on 20 July, Finance Minister Ahmed Kouchouk announced on Thursday, 2 July, Thursday, as the new fiscal year 2026/27 budget lifts the minimum monthly pay for state employees to EGP 8,000 (USD 162.8) and pushes government spending on wages to EGP 822.8 billion (USD 16.75 billion). All public sector employees will receive a monthly supplementary allowance of EGP 750 (USD 15.27), at a fiscal cost of EGP 77.5 billion (USD 1.58 billion).…