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Monday, 14 August 2017

Manpower minister says he’s mulling a hike in the mandatory private-sector minimum wage to EGP 2,000 a month

New mandatory minimum wage coming to private sector? Manpower Minister Mohamed Saafan said his ministry is considering imposing a mandatory monthly minimum wage of EGP 2,000 per month on the private sector, Al Shorouk reports. Saafan also said the ministry will help train the nation’s youth to better prepare them for jobs in the private sector. He did not provide a timeline and mechanism for the implementation of the proposed minimum wage, but we wouldn’t be surprised to see it included in the upcoming House debate of the Labour Act. The current minimum stands at just EGP 1,200 — raising it is one of the few issues on which we find ourselves in agreement with the crypto-commies at the Union of Egyptian Investor Associations.

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