The economy is back on the airwaves after President Abdel Fattah El Sisi unveiled an EGP 180 bn package of wage hikes, pension increases, and tax breaks. The story received coverage from Masaa DMC (watch, runtime: 7:34 and 4:56), Ala Masouleety (watch, runtime: 16:51), Yahduth Fi Masr (watch, runtime: 3:41), and Al Hayat Al Youm (watch, runtime: 10:48).

“The funds for the new package are already available, and will be disbursed to beneficiaries on time,” the Finance Ministry’s budget advisor Mohamed Abdel Fattah told Masaa DMC (watch, runtime: 4:12).

^^ We’ve got the full story in the news well, above.

Checking in on the recently-ratified building reconciliation law: Authorities have so far received 2.8 mn settlement requests and the government is expected to accept up to 90% of them, House Local Administration Committee head Ahmed El Segeny told Ala Masouleety’s Ahmed Moussa (watch, runtime: 10:26). El Segeny expects that the government will receive another 500k-1 mn requests in the coming period.

AND- A stocktake of the expat car-for-FX scheme: “The first two phases of the expat car import scheme have so far brought in USD 1.7 bn,” Emigration Minister Soha Gendy told Moussa (watch, runtime: 4:34). The figure means the initiative is within reaching distance of the Finance Minister’s USD 2 bn goal. Some 400k expats have applied for the second phase, Gendy added.

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