The National Wages Council (NWC) has recommended raising the private sector minimum salary from EGP 2,700 to EGP 3000 per month beginning in July 2023.
The approval came at the NWC meeting on Monday, which was presided over by Hala El-Saeed, Minister of Planning and Economic Development.
The meeting witnessed the presence of the Minister of Labor Hassan Shehata, the Head of the National Council for Women (NCW) Maya Morsi, Head of the Central Agency for Organization and Administration (CAOA) Saleh El-Sheikh, and the Head of the Central Agency for Public Mobilization and Statistics (CAPMAS) Khairat Barakat.
El-Saeed declared during the meeting that today’s meeting was predicated on the NWC’s agreement to have a meeting at the conclusion of the first half of the year. This gathering examined economic conditions and the minimum wage in the private sector.
El-Saeed asserted that the NWC’s decision to raise the minimum wage to EGP 3,000 is commensurate with the council’s policy of achieving a balance between workers and business owners and in line with current economic changes and high inflation rates.
Meanwhile, the Minister of Labor, Shehata affirmed that this substantial increase in the minimum wage comes within the framework of the Egyptian state’s policies for private sector workers that aim to provide them with a decent life.
He also stressed that while the Egyptian government seeks to preserve the rights of workers, it is also keen on the stability of all establishments, increasing production, and supporting all companies that need support.
“Egypt’s government is also standing by the rights of workers and educating them about their duties in light of the culture of the ‘New Republic’,” he added.
Coordinator of the National Council for Wages, Hanan Nazeer, reviewed a number of the Council’s results of the preliminary meetings held with representatives of workers and employers’ unions regarding the files that were discussed in the Council’s appointment, along with the discussion of a proposal to establish a committee within the Council’s committees to organize the work of the sectoral skills council.
