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economics 68d ago

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

Egypt Independent2

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.

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Diaa Rashwan Moustafa Madbouly Mahmoud Esmat Ahmed Kouchouk Karim Badawi Ahmed Rostom Abdel Fattah al-Sisi Mostafa Madbouly Egypt

Timeline · 68d ago

68d ago

2 articles · Egypt Independent

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