Egypt Independent

Industry ministry cuts salaries of top executives



The minister of trade and industry has set a maximum salary of LE25,200 for top ministry executives, according to ministry sources.

The sources said the social justice committee, formed last month by Minister Ahmed Fekry Abdel Wahab, has recommended the move to reduce the gap in staff salaries.

The minister’s decision provoked anger among staff members, especially those of the Industry Modernization Center, whose salaries range between LE40,000 and LE70,000.

The minister also ordered a reduction of 10 percent for salaries of LE10,000 per month and 20 percent for salaries above that figure.

Translated from the Arabic Edition