“From 240 to 560 pounds” … the Chancellor of the Exchequer announces the value of the employee salary increases, starting in July

Dr. Mohamed Maait, Minister of Finance, announced that the minimum wage, starting next July, will be 2,400 pounds for all workers in the country, indicating that the values ​​of the salary increase are 240 pounds for the lower bracket. and it can reach 560 pounds for the top bracket.

“Maait” added, during a telephone interview with the “Cairo Talk” program on the “Cairo and the People” screen, that there is an incentive for workers to move to the new administrative capital, explaining that pensions with an increase of 13% of approximately 30 billion pounds will be provided, indicating there are 180 billion pounds Before the state budget, pensions and insurance are allocated.

He explained that there is support to be provided to the tourism and education sectors, indicating that there is special funding that will be provided for health and wellness initiatives, and that there is significant funding for education through making allocations to improve education and continuation. of the plan.