acknowledge National Wages CouncilIn its meeting yesterday, Wednesday, chaired by Dr. Hala Al-Saeed, Minister of Planning and Economic Development, and with the participation of Hassan Shehata, Minister of Manpower, an increase in the minimum wage in the private sector to reach 2,700 pounds instead of 2,400 pounds, as of January 1, 2023, and that the minimum value of the allowance be The annual periodic period for the private sector, which takes effect from the year 2023, according to the accounting fiscal year for each establishment, with no less than 3% of the insurance subscription wage stipulated in the Social Insurance and Pensions Law, with a minimum of 100 pounds, instead of 70 pounds.
The meeting was attended by Dr. Ali Moselhi, Minister of Supply and Internal Trade, Nevin El Kabbaj, Minister of Social Solidarity, Major General Khairat Barakat, Head of the Central Agency for Public Mobilization and Statistics, and Major General Jamal Awad, Head of the National Authority for Social Insurance. And through a video conference, Dr. Maya Morsi, President of the National Council for Women, heads and representatives of the Federation of Egyptian Chambers and Associations, the Federation of Industries, the Egyptian Federation of Tourist Chambers, the Federation of Small and Medium Enterprises Associations, the General Federation of Egyptian Chambers of Commerce, the Egyptian Federation of Investors’ Associations and Institutions, and the Egyptian Federation of Construction Contractors Construction, representatives of the General Federation of Egyptian Trade Unions, and a number of experts from the National Wages Council.
During the meeting, Dr. Hala Al-Said stressed that the current crises in the context of geopolitical challenges affect the economy in all countries of the world, including Egypt, pointing to the important role played by the federations of the various chambers in cooperation with the National Wages Council in reaching a great consensus on the minimum wage despite The exceptional circumstances the country is going through.
Al-Saeed referred to the state’s efforts to strike a balance between preserving Egyptian labor and economic entities, and setting an appropriate minimum wage.
The Minister of Manpower, Hassan Shehata, affirmed that the serious social dialogue that took place between the parties to the production process, including the government, business owners, and workers in this meeting, resulted in these increases, explaining that the increase in the minimum wage will be for all establishments without exceptions, assuring all parties that The next stage will witness more dialogue for more gains for all parties, and that the goal is to preserve the rights of workers, and at the same time stabilize work and production sites, and that the government has an interest in strengthening labor relations between all parties in order to increase production in the face of all current challenges .
The Council meeting was attended by Dr. Hanan Nazeer, Rapporteur of the National Council for Wages, Counselor Shadi Moussa, Legal Advisor to the National Council for Wages, Counselor Abdel Hamid Bilal, Advisor to the National Council for Wages, Amr Hazeen, Legal Adviser to the Minister of Business Sector, Ehab Abdel Aty, Legal Adviser to the Minister of Manpower, Abdel Wahhab Khader, media advisor to the Minister of Manpower, and Reda Al-Arabi, member of the technical office of the Minister of Manpower. And participated from the Federation of Industries, Eng. Muhammad Al-Suwaidi, and from the Chambers of Commerce, Muhammad Al-Fayoumi, and from the Federation of Workers, Muhammad Gibran, Khaled Al-Fiqi, Imad Hamdi and Solaf Darwish.
Ministers meeting
Part of the ministers meeting
side of the meeting