Egypt weighs minimum wage hike to EGP 10k to counter anticipated inflationary pressures from war
The private sector could also see the minimum wage rise to EGP 8k
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The private sector could also see the minimum wage rise to EGP 8k
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Amendments are expected to come in 2H 2025 or before the end of the current parliamentary session in October
Spoiler alert: It doesn’t mean fewer outlays
Some EGP 186 bn will be allocated to urban development, with EGP 50 bn going to the real estate sector
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