Egypt takes economic measures related to pensions, agricultural taxes

CAIRO – 22 March 2020: President Abdel Fatah El-Sisi announced Sunday economic measures taken by the Egyptian state to face the subsequences of Coronavirus (Covid-19).

These measures included decisions related to pensions bonus and agriculture land taxes.

According to the President, the government decided to include the five bonuses due for pensioners by 80 percent of the basic wage, in addition to granting the annual periodic bonus to pensioners to be 14 percent as of next fiscal year.

It was also decided to extend the moratorium on the tax law on agricultural land for a period of two years.

This came in a meeting with a number of women on the occasion of Mother's Day, where Sisi announced the measures taken by the state to eliminate coronavirus effect.

Sisi urges citizens to comply with coronavirus measures, stop overbuying

CAIRO - 22 March 2020: Egyptian President Abdel Fattah al-Sisi on Sunday called on citizens to show "further discipline" and to comply by health instructions while dealing with the coronavirus crisis, as Egypt has by Saturday reported a total of 294 cases of coronavirus.