Egyptian President Abdel Fattah al-Sisi said on Saturday the minimum monthly wage of state employees would increase from 1,200 Egyptian pounds to 2,000 Egyptian pounds ($69.27-$115.46, respectively), to take effect from 30 June. The last a minimum wage increase for public sector was introduced in January 2014 from EGP 700 to 1,200. Sisi also announced a number of reform measures to ease the effects of austerity on Egyptians. The decisions came during a speech at a celebration organised by the National Council for Women to celebrate Egyptian women and ideal mothers at Al-Manara International Conference Centre in New Cairo. Increases to bonuses, pensions The president also announced a raise in pensions and bonuses. Sisi announced that the annual raise for state employees will be increased to 7 percent of the minimum wage, at a minimum of 75 pounds, under the salary scheme of the civil service law. Workers who are not part of the salary scheme will receive 10 percent of the basic wage as an annual raise, at a minimum of 75 pounds. The president also announced the granting of an exceptional addition bonus of 150 pounds to all state employees, in an attempt to ease austerity and inflationary effects on wage levels. He also announced the raising of the minimum number of all job grades in the country among those who are not under the civil service law. The Egyptian president announced a 15 percent increase in basic pensions for state employees, at a minimum of 150 pounds. He has also announced an increase in the pension from 750 to 900 pounds. Source: Ahram Online
