Raising the Minimum Wage in Egypt’s Private Sector: Key Details and Latest Updates

2023-06-20 22:13:00

01:13 AM Wednesday, June 21, 2023

Books – Moataz Abbas:

Dr. Hanan Nazeer, General Coordinator of the National Wages Council, revealed the details of raising the minimum wage for workers in the private sector from 2,700 pounds to 3,000 pounds, starting next July.

“Nazir” said, in a phone call to the “Ninth” program, broadcast on the Egyptian Channel One, on Tuesday evening, that with the beginning of this year, the minimum wage had been raised to 2700, and it was agreed at the December 2022 meeting, and the minimum wage was reviewed once more. Because of the economic situation that Egyptians are going through in the public and private sectors.

He added that the wages were gradually increased, and we reviewed it once more so that the matter would be gradual so that it would not be burdensome for the facility itself. Follow-up: “It was agreed that the meeting will take place once more in November 2023 to reconsider the minimum wage so that the issue remains gradual and the pressure is not great.” The establishment and the worker benefit.”

And the General Coordinator of the National Council for Wages confirmed that the application of the minimum wage is mandatory for all private sectors, following up: “With the start of implementation in 2022, troubled establishments were allowed to apply for an exception only once, and work stopped granting these exceptions once more.”

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