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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