Dr. Mostafa Madbouly said: Prime MinisterIncreasing the minimum wage costs the state 40 billion pounds in the new budget, adding: “The only need to improve income is the strength and growth of the economy,” noting that Egypt’s continued growth at these rates for 5 or 6 years “will leave Egypt in another place, God willing.” Allah”.
On the file of old rents, the Prime Minister said in a press conference: “This issue is a daily issue that is raised in public opinion and social media, and we know the extent of the suffering, and we always look at one group at the expense of another, and the number is now balanced. The number of landlords remains the same as the number of tenants, and those who apply laws The rents are in the fifties and sixties, and what is left in the apartments now is the second and third generation.”
The Prime Minister added: “Many groups in the old rents are unable, so we said we will treat the issue wisely and in a societal discussion and put down constants, and there must be a sufficient transitional period and things go quietly, and we run programs for the groups who are unable as a secure alternative to obtain alternative housing .. If we start to move We will establish a fund to support this issue, and it will bear part of the cost of the real rent, or an alternative unit and many mechanisms.
Madbouly asked: “Is the continuation of the situation and freezing it as it is right? Of course not, commenting:” We want to get out of something that has been tied to us by 50 and 60 years. The facilities subject to this law exceed 3 million, and this is not a small number.. And there are blatant cases of The existing injustice, and our goal is a fair balance that takes into account the social dimension.”
The Prime Minister said: “This law involves all parties, not just the government, and we consult and negotiate, and we have time to do something good, balanced and just to preserve rights and obligations, taking into account the social dimension of all existing groups.”
