Egypt Aims to Raise Minimum Wage to 15,000 Pounds by 2030
The Egyptian government aims to raise the minimum wage from 8,000 to 15,000 pounds by 2029/2030, and increase the average salaries of doctors by 50%.
The Egyptian Prime Minister announced that the government aims to raise the minimum wage from 8,000 pounds to 15,000 pounds by the fiscal year 2029/2030, during the closing session of the Egypt 2026 Forum.
The Prime Minister stated that the minimum income for teachers will reach 15,000 pounds within two years, in a move aimed at improving the conditions of workers in the public education sector.
He added that the average wages of medical sector workers will rise by no less than 50% by the end of the fiscal year 2029/2030, including doctors, nursing staff, and technicians.
Egyptian President Abdel Fattah El-Sisi announced that the forum will become an annual event personally monitored by the President, linking the implementation of these targets to a regular presidential monitoring schedule.
What do these terms mean?
Minimum wage: The lowest amount an employer is legally entitled to pay a worker for a full month of work, as determined by official decisions for each sector.
Fiscal year: The accounting period for which the public budget and final accounts are prepared, lasting 12 months, with its start date varying from country to country.
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