On Saturday, Egyptian President Abdel Fattah El-Sisi directed the government to increase the minimum income, from 3,500 pounds to 4,000 pounds ($129.4) for all workers in the state’s administrative apparatus, and to double the cost of living allowance, in addition to other measures to improve the living conditions of Egyptians.
The official spokesman for the Presidency of the Republic said that the directives included increasing the exceptional cost of living allowance, to become 600 pounds, instead of 300 pounds, for all workers in the state’s administrative apparatus, economic bodies, business sector companies and the public sector, and increasing the minimum total income for the sixth grade, to become 4 thousand pounds. , instead of 3,500 pounds, for all employees of the state’s administrative apparatus and economic bodies, according to the eligibility areas.
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The tax exemption limit was also raised by 25%, from 36 thousand pounds, to 45 thousand pounds, for all employees of the state’s administrative apparatus, economic bodies, business sector companies and the public sector, and the financial categories granted to beneficiaries of “Solidarity and Dignity” were increased by 15%. For pensioners, a total of 5 million families.
The exceptional grant to pensioners and beneficiaries will be doubled, to become 600 pounds, instead of 300 pounds, for a total of 11 million citizens, and the increase in the technology allowance for journalists registered with the union will be quickly implemented, in accordance with the relevant allocations in the general budget.
The directives included the Agricultural Bank of Egypt launching an initiative to alleviate the burden on small farmers and farmers, who are natural individuals in trouble with the bank, before January 1, 2022, and exempting defaulters from paying interest and fines for delaying the payment of installments due to the General Authority for Reconstruction and Agricultural Development Projects, no later than the end of 2024. .