Draft Salary Deduction Law Approved

The Planning and Budget Committee of Egypt’s House of Representatives has approved a draft salary reduction law. It is aimed at increasing funds to tackle the economic repercussions of pandemics or natural disasters. The law is being proposed as part of the Takaful and Karama (Solidarity and Dignity) programme and will allow the Government to deduct 1% from the salaries of Government employees who earn more than 2,000 Egyptian Pounds. 0.5% will be deducted from the salaries of pensioners who receive more than 2,000 Egyptian Pounds. The amounts will be taken for a year. The Takaful and Karama programme is part of the Social Safety Nets project which was launched in 2015 and aims to help poorer families by supporting and expanding economic empowerment and providing vocational training for them. It covers about two million families and nine million citizens across 27 governorates. A draft law requiring owners of cars containing electronic or entertainment devices has been approved which will require them to pay 100 Egyptian Pounds in annual fees. Full story

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