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Egypt: New Social Package and wage rates to face the inflation

Updated: Oct 29, 2022



Highlights from the Prime Minister conference


In light of the President’s designation to prepare a social package to sustain the employees during the increasing inflation rates globally, the cabinet approved the following:


  • Raising the minimum monthly wages from EGP 2,700 to EGP 3,000.

  • Keeping electricity rates at the current rates until 30 June 2023.

  • Exceptional allowance of EGP 300 to all governmental employees, including pension payments.

  • Financial support package for stumbled companies.


Source: Youm7

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