Egypt Approves the Largest Social Protection Package

Updated 2/13/2024 8:57:00 AM
Egypt Approves the Largest Social Protection Package

President Abdel-Fattah El-Sisi approved an EGP 180 billion new social protection package to mitigate the economic burdens on citizens.

The package includes a 50% raise in the minimum wage for all workers in the government and upgrading the tax exemption limit by 33%.

It also includes a 15% increase in pensions.

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