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Minister of Finance has issued a new directive to determine special raises for government employees


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News Date: 6/26/2006 1:22 AM  Minister of Finance has issued a new directive to determine special raises for government employees 

Minister of Finance Dr. Youssef Boutros Ghali has issued a new directive to determine special raises for government employees in efforts to boost the living standards in the lower income groups.  The raise is expected to reach approximately four million employees out of 5.7 in the government apparatus destined to receive a  minimum raise of 36 pounds.

Ghali explained that the raise will become a component of the basic salary in July 2011 in efforts to hike salaries. Special raises have increased by 250% since the fiscal year 87/88

The raise is distributed among permanent employees in government posts and those employed through a system known as a monthly overall compensation package.

The  raise is a non taxable 10% of the basic salary.

 Employees sent to work abroad are entitled to a raise from their respective departments which have authorized the transfer abroad.

Special raises also  target  employees under sixty and  who opt for early retirement while merging pension income and the income from work in another  government agency .

(source ministry of finance)

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Minister of Finance has issued a new directive to determine special raises for government employees