Egypt Independent

Minimum wage set at LE708 per month



The Ministry of Finance on Monday raised the minimum wage by 59 percent from LE444 to LE708 per month for government employees. The precise wage is determined by an employee’s rank and number of years working.

In a statement on Monday, the ministry said the raise corresponds to LE9 billion, benefiting some 1.9 million government employees, in the new state budget.

The ministry also said the raise aims at narrowing wage differences between official ranks.

It also set an annual maximum wage of LE36,000 and a ceiling for extra bonuses and incentives.

Translated from the Arabic Edition