(3 Minutes Read)
The council made these decisions following President Abdel Fattah Al-Sisi’s directives, based on economic conditions and their impact on the labour market. These changes aim to promote social justice and improve citizens’ living standards, according to officials.
Egypt’s private sector minimum wage will rise to EGP 7,000 from EGP 6,000, effective 1 March 2025. The National Wages Council also introduced a minimum EGP 250 periodic bonus and set the first-ever minimum hourly wage for part-time workers at EGP 28 net.
The council made these decisions following President Abdel Fattah Al-Sisi’s directives, based on economic conditions and their impact on the labour market. These changes aim to promote social justice and improve citizens’ living standards, according to officials.
During the meeting, Al-Mashat reviewed recent economic indicators, highlighting positive growth in the last quarter of the 20224 fiscal year and its continuation into the first quarter of 2024-25. She noted the non-oil manufacturing sector’s shift from contraction to growth, reflected in a rising industrial production index.
Al-Mashat pointed to private sector investments comprising 63% of total investments in the first quarter of 2024-25. She also mentioned the January 2025 Purchasing Managers’ Index (PMI) reaching a four-year high of 50 points, exceeding the neutral zone.
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Minimum wage is a tool used globally to protect low-income workers. The ILO’s Global Wage Report 2020-2021 states that 90% of its member states have adopted a minimum wage.
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