Egyptian public, private sectors off on Apr 25 marking Sinai Liberation    Egypt's SCZONE welcomes Zhejiang Province delegation for trade talks    Beltone Venture Capital partners with Citadel International to manage $30m startup fund    S. Africa to use contingency reserves to tackle debt    Gaza health authorities urge action for cancer, chronic disease patients    Transport Minister discusses progress on supplying new railway carriages with Hungarian company    Egypt's local gold prices see minor rise on April 18th    Expired US license impacts Venezuela crude exports    Taiwan's TSMC profit ups in Q1    Yen Rises, dollar retreats as G7 eyes currency calm    Egypt, Bahrain vow joint action to end Gaza crisis    Egypt looks forward to mobilising sustainable finance for Africa's public health: Finance Minister    Egypt's Ministry of Health initiates 90 free medical convoys    Egypt, Serbia leaders vow to bolster ties, discuss Mideast, Ukraine crises    Singapore leads $5b initiative for Asian climate projects    Karim Gabr inaugurates 7th International Conference of BUE's Faculty of Media    EU pledges €3.5b for oceans, environment    Egypt forms supreme committee to revive historic Ahl Al-Bayt Trail    Debt swaps could unlock $100b for climate action    Acts of goodness: Transforming companies, people, communities    Eid in Egypt: A Journey through Time and Tradition    President Al-Sisi embarks on new term with pledge for prosperity, democratic evolution    Amal Al Ghad Magazine congratulates President Sisi on new office term    Tourism Minister inspects Grand Egyptian Museum, Giza Pyramids    Egypt's healthcare sector burgeoning with opportunities for investors – minister    Egypt starts construction of groundwater drinking water stations in South Sudan    Russians in Egypt vote in Presidential Election    Egyptian, Japanese Judo communities celebrate new coach at Tokyo's Embassy in Cairo    Uppingham Cairo and Rafa Nadal Academy Unite to Elevate Sports Education in Egypt with the Introduction of the "Rafa Nadal Tennis Program"    Egypt's powerhouse 'The Tank' Hamed Khallaf secures back-to-back gold at World Cup Weightlifting Championship"    Financial literacy becomes extremely important – EGX official    Euro area annual inflation up to 2.9% – Eurostat    Egypt builds 8 groundwater stations in S. Sudan    BYD، Brazil's Sigma Lithium JV likely    UNESCO celebrates World Arabic Language Day    Motaz Azaiza mural in Manchester tribute to Palestinian journalists    Russia says it's in sync with US, China, Pakistan on Taliban    It's a bit frustrating to draw at home: Real Madrid keeper after Villarreal game    Shoukry reviews with Guterres Egypt's efforts to achieve SDGs, promote human rights    Sudan says countries must cooperate on vaccines    Johnson & Johnson: Second shot boosts antibodies and protection against COVID-19    Egypt to tax bloggers, YouTubers    Egypt's FM asserts importance of stability in Libya, holding elections as scheduled    We mustn't lose touch: Muller after Bayern win in Bundesliga    Egypt records 36 new deaths from Covid-19, highest since mid June    Egypt sells $3 bln US-dollar dominated eurobonds    Gamal Hanafy's ceramic exhibition at Gezira Arts Centre is a must go    Italian Institute Director Davide Scalmani presents activities of the Cairo Institute for ITALIANA.IT platform    







Thank you for reporting!
This image will be automatically disabled when it gets reported by several people.



Al-Sisi increases doctors' monthly bonuses to EGP 2200: Moait
Supreme Council of University Hospitals already given EGP 100m for increase, says finance minister
Sarah El Sheikh Published in Daily News Egypt on 02 - 04 - 2020

President Abdel Fattah Al-Sisi has ordered the monthly bonus given to doctors to be increased to EGP 2,200 a month, said Minister of Finance Mohamed Moait. The presidential mandate will see the bonus rise from the previous EGP 400 and EGP 700 range that doctors were receiving.
The rise applies to doctors with university hospitals under the Ministry of Higher Education and Scientific Research, as well Al-Azhar University's hospitals, starting with those who graduated from medical school in December 2019.
Moait added that the bonus value will be raised to EGP 2,200 a month for as many as 12,000 doctors at a total cost of EGP 316m annually. He added that EGP 100m has already been given to the Supreme Council of University Hospitals to finance the increase.
Moait said there has been an estimated 75% increase in medical profession allowances for doctors and nursing agencies. The previous allowances for doctors and nurses had ranged from between EGP 400 to EGP 1,225, at a total cost of EGP 2.25 bn. The minister added that professors at university hospitals will benefit from this allowance, in addition to establishing a risk fund for medical professionals.
He said that, on the back of directives from President Al-Sisi, FY2020/2021 will see a new financial package aiming to improve conditions for state employees, including healthcare sector workers. This will include allocating a monthly 7% bonus on basic civil servant salaries, and a bonus of 12% on the basic salary for those not subject to the law, including doctors.
Moait added that an extra EGP 150 to EGP 375 bonus will be given to all workers and employees in monthly sums, with healthcare sector workers also benefitting from the rising tax exemptions that range from EGP 8,000 up to EGP 15,000. This comes in addition to the personal exemption limit of EGP 7,000. In other words, a salary of EGP 24,000 that reaches EGP 22,000 after excluding insurance sums will be entirely exempted from taxes, Moait added. He said that EGP 1.5bn has been allocated in the FY2020/2021 draft budget to finance state employee promotions.

Clic here to read the story from its source.