Search
Close this search box.
GBC
GHANA WEATHER

Egyptian employees face 1% coronavirus pay cut

Facebook
Twitter
LinkedIn
WhatsApp
Pinterest

The Egyptian government has announced a raft of financial measures to help pay for the economic damage caused by the coronavirus pandemic.

Under a new draft law every working Egyptian will face a pay cut of 1% while the elderly will face a half percent cut in their pensions.

The measures will be in force for a year from July. People with a monthly income of less than $125 (£102) will be exempt.

People who work in tourism – which has been particularly badly affected may also be excluded.

Leave a Reply

Your email address will not be published. Required fields are marked *

ADVERTISEMENT