New social protection package to be in place as of next FY, Egypt’s PM

Wed, 05 Feb 2025 - 05:42 GMT

Egypt’s Prime Minister Mostafa Madbouli said on Wednesday that the government is currently working on developing a new social protection package to increase salaries and pensions, adding that the new package will be in place as of the start of the next fiscal year.

Sisi orders increase in minimum wages, pensions in ‘largest urgent’ social protection package

Wed, 07 Feb 2024 - 03:05 GMT

Egypt’s President Abdel Fattah El-Sisi has instructed the raising of minimum wages by 50 percent, reaching LE 6,000 starting from March, as part of an urgent social protection package.

LE 67.3B additional social protection package to be disbursed as of Nov.: Finance Min.

Thu, 27 Oct 2022 - 01:32 GMT

He added the package comes as part of directives issued by President Abdel Fattah El Sisi at the closing session of Egypt's Economic Conference that concluded on Tuesday.