Egypt Prepares for Largest-Ever Minimum Wage Increase Amid Budget Announcements

Prime Minister Mostafa Madbouly revealed the upcoming minimum wage hike, pending the finalization of Egypt's 2026-2027 budget. This move aims to improve living standards and address inflationary pressures. The final budget, announced by Finance Minister Ahmed Kouchouk, targets LE4 trillion in revenue and emphasizes social protections and economic growth priorities.