RIYADH: Wage increases for Egyptian civil servants working in administrative and service roles will be paid in July, Minister of Finance Mohamed Maait said.
The initiative, for which 25 billion Egyptian pounds ($1.6 billion) have been allocated in the current fiscal year’s budget, are aimed at helping to improve citizens’ living standards, he said in an official statement today.
A separate 1.5 billion Egyptian pounds has been allocated for workers transferred to the New Administrative Capital worth, he said.
Egyptian President Abdel Fattah El-Sisi ordered on March 15 that the minimum wage for state employees should be raised to EGP2,400 ($153) a month from EGP2,000 and state pension should rise by 13 percent.
At the time, the wage increases were predicted to cost EGP37 billion and the pension increase to amount to EGP31 billion.
