pensionsPresident Abdel Fattah El Sisi has given directives to the government to increase the salaries of all government administrative apparatus staff, raise the minimum wage to LE2,400 per month and move up pensions by 13 per cent.
The directives to this effect were given by the president during a meeting with senior officials he called Sunday to review the draft state budget for the fiscal year 2021/22, Presidency Spokesman Ambassador Bassam Radi said.
Attending the meeting were Prime Minister Moustafa Madbouli, Minister of Finance, Mohamed Maeet, Deputy Minister of Finance for Financial Policies Ahmed Kajouk, and Deputy Minister of Finance of the Public Treasury Ihab Abu Aish.
Following a Finance Minister’s presentation outlining the coming fiscal year’s draft budget, President Sisi issued a set of directives for the government, including in the foremost the appropriation of nearly LE37 billion to increase the salaries of all government administrative apparatus staffers, raising the minimum wage to LE2,400 per month and the allotment of approximately LE31 billion to cover the cost of moving up pensions by nearly 13 per cent, Spokesman Radi said.
The directives also included approval of two increments at a total cost of LE7.5 billion. The first increment will be estimated at a value of seven per cent of a civil servant’s job wage while the other would amount to 13 per cent of the basic salary for non-civil-service-law addressees.
President Sisi’s directives contained approval of allocating nearly LE17 billion to raise the additional incentive for civil service
law addresses and non-addresses.
Under yesterday’s presidential directives, government employees will be entitled to get their promotions in the new fiscal year should they fulfill the terms for promotion by June 30 this year. In his directives during the meeting, President Sisi noted that the promotions which will cost the state budget approximately one billion pounds improve the salaries and wages of employees.
The presidential directives also included the sanctioning of a financial incentive worth about LE1.5 billion for government workers who will be transferred to the New Administrative Capital.
During the meeting, the president was also briefed on the developments in the progress of action to upgrade the tax system.
In this respect, the president called for speeding up the completion, before the end of the coming fiscal year, of the projects launched to realise the system’s digital transformation and good governance, Spokesman Radi said.
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