Egypt increases wages, pensions by LE 100B in 20/21: Prime Minister

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Thu, 07 May 2020 - 02:36 GMT

Prime Minister Mostafa Madbouli - Press Photo

Prime Minister Mostafa Madbouli - Press Photo

CAIRO – 7 May 2020: "Egypt’s new budget draft for fiscal year 2020/2021 includes an article stipulating the increase of wages and pensions by LE 100 billion," Prime Minister Mostafa Madbouli said Thursday.

Madbouli added at a press conference at the headquarters of the Cabinet that the state was keen to alleviate the burden off the Egyptian citizen during the coronavirus crisis.

“Every year we need nearly 800 jobs for young people,” he stated. “We all, as citizens, must be aware that delayed production will affect us,” he added.

Madbouli chaired the weekly meeting of the Cabinet on Thursday, May 7, via video conference, where a number of important work files affecting the lives of citizens were discussed, and the latest local and global developments related to the emerging crisis of the coronavirus were reviewed.

The prime minister pointed out the efforts made by the state, to return the stranded Egyptians abroad, praising the continuous coordination between the ministries and the relevant authorities in this regard.

He explained that the past two days only witnessed the return of more than 1,100 Egyptian citizens from Kuwait, and that requires many arrangements, including providing sanitary isolation places, as well as providing medical teams, transportation, and the necessary equipment.

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