Increasing the periodic allowance of 10% for employees covered by the Civil Service Law and 15% for those who are not covered, by a minimum of 150 pounds per month

Increasing the "cost of living" allowance from 600 EGP to 1,000 EGP, as part of efforts to reduce the burden on citizens

Increasing the additional incentive 300 pounds for all grades from «sixth» to «excellent»

Raising the minimum wage to EGP 7,000 starting next July

The lowest job grade will increase by 1,100 pounds in "total wage" per month

Increasing wage allocations in the budget by 18.1% to reach 679.1 billion pounds to accommodate the new increases scheduled from July 1

Providing sufficient financial allocations to ensure the ability to appoint more than 75,000 teachers, 30,000 doctors and 10,000 in the remaining state agencies

 

 

 

Minister of Finance, Ahmed Kouchouk, assured that the wages of state employees will be increased as of July 1, with the start of the implementation of the budget for the new fiscal year 2025/2026, within the framework of the state's continuous efforts to improve wages and reduce burdens on citizens, explaining that the periodic allowance will be increased by 10% for those who are covered by the Civil Service Law and 15% for those who are not covered, with a minimum of 150 pounds per month in addition to an increase in the "cost of living" allowance from 600 pounds to one thousand pounds, and an increase in the additional incentive of 300 pounds for all grades from the "sixth" to the "excellent".

 

He said that the minimum wage will be raised to 7,000 pounds from next July, pointing out that the lowest job grade will increase by 1,100 pounds in the "total wage" per month.

 

He added that the draft budget for the new fiscal year 2025/2026 includes an increase in wage allocations by 18.1% to reach 679.1 billion pounds to accommodate the new increases scheduled from July 1. He explained that sufficient financial allocations will be provided to ensure the ability to appoint more than 75,000 teachers, 30,000 doctors and 10,000 in the remaining state agencies.

 

The Council of Ministers, in its meeting chaired by Dr. Mustafa Madbouly, approved the draft budget for the new fiscal year 2025/2026 and decided to refer it to the House of Representatives, including revenues estimated at 3.1 trillion pounds at an annual growth rate of 19%, and expenses estimated at 4.6 trillion pounds, with an increase of 18%, with the aim of achieving an initial surplus of 4% of GDP and reducing the debt of the public budget agencies.