Egypt’s Prime Minister Moustafa Madbouli Thursday hailed as key decisions the directives issued by President Abdel Fattah El Sisi for the government to implement a package of social measures – the largest of its kind – at a value of 180 billion pounds, as of March.
The premier highlighted government’s continued effort to alleviate burden on citizens and contribute to containing the repercussion of the global economic crisis across the country.
Madbouli made the remarks during the weekly meeting of the Cabinet to review a set of key files at the premises of the government in the New Administrative Capital (NAC).
The premier greeted president Sisi and Egyptian people on the occasion of Al-Israa and Al-Mirag anniversary.
He expressed wishes that stability and prosperity would prevail nationwide.
Madbouli asserted that several swift executive measures to put into effect the fresh social protection measures that pay due attention to the sectors of health, education as well as pensioners, through raising minimum wages for all government workers and raising pensions starting in March.
The presidential directed raising all salaries for government employees by 50 percent at a minimum of EGP 1,000 to EGP 1,200 to reach EGP 6,000.
Meanwhile, the social package allocates EGP 15 billion for increasing the salaries of doctors, nurses, teachers, and university faculty.
In addition, president Sisi issued instructions that EGP 4.5 billion be allocated to increasing the wages of medical professionals and nursing staff, whereby the risk allowance for medical professionals was increased by EGP 250 to EGP 300. Similarly, the allowance for night and overnight shifts increased by 100 percent.
He further instructed the government to allocate another EGP 6 billion to hire 120,000 new doctors, nurses, teachers, and workers in other administrative bodies.
In addition, the social package includes a 15 percent increase in pensions for 13 million citizens at EGP 74 billion.
It also includes a 15 percent increase in “Takaful and Karama” pensions at the cost of EGP 5.5 billion in FY2023/2024.
Moreover, an additional EGP 41 billion will be allocated within the package to “Takaful and Karama” pensions for FY2024/2025.
Furthermore, the social package includes raising the income tax exemption for all state employees in the government, public, and private sectors by 33 percent, from EGP 45,000 up to EGP 60,000, at an annual cost of EGP 5 billion.