Egypt Archives - Pension Policy International

26MarMarch 26, 2025

Egypt Enhances Social Insurance And Pension Systems For 2025

The Ministry of Social Solidarity accelerates pension disbursements ahead of Eid and outlines new insurance requirements for employees. The Ministry of Social Solidarity in Egypt has issued critical updates for employees regarding their insurance and pension benefits as the country approaches the month of April 2025. Aimed at enhancing the social safety net, the updates emphasize the process and methods for enlisting new employees into social insurance and ensure timely pension disbursement for existing beneficiaries. Starting with the enrollment in social...

March 26, 2025

News, SliderEgypt, Regulation, Social Security

15JanJanuary 15, 2024

Egypt to increase minimum wages, pensions within two months: Official

Sabry added that this move aims to alleviate the impact of the global economic situation on the public, especially with the approach of the holy month of Ramadan. “This step aligns with President Abdel Fattah El-Sisi's directives to support citizens and alleviate their financial burdens, given the unprecedented rise in price levels and inflation,” Sabry added in a phone call with the Salet El-Tahrir TV show on Sada El-Balad channel. The anticipated wage increases will be the third in a year. Egypt’s headline...

January 15, 2024

NewsEgypt, Income, Public Pensions

03MarMarch 3, 2023

Egypt. President announces raising minimum wage, pensions

Egypt’s President Abdel Fattah Al-Sisi announced raising the minimum wage for government employees to EGP 3,500 and raising pensions by 15% starting 1 April. The Egyptian president announced raising the minimum wage for government employees holding a Master’s degree to EGP 6,000 and to EGP 7,000 for those holding a PhD. President Al-Sisi also said that income tax exemption was raised to EGP 30,000 annually, up from EGP 24,000. He also revealed that Takaful and Karama Cash Transfer Programme benefits were also...

March 3, 2023

NewsAdequacy, Egypt, Public Pensions

26DecDecember 26, 2022

New World Bank Financing Will Expand and Strengthen Egypt’s Flagship Social Protection Program

The World Bank announced yesterday US$500 million in financing to expand and strengthen Egypt’s flagship Social Safety Net Program, also known as Takaful and Karama. The new financing marks a third phase of collaboration between the World Bank and the Government of Egypt to support the establishment of an efficient and effective cash transfer program and to introduce beneficiaries to interventions that generate sustainable incomes and help people to graduate out of poverty. Investing in human capital is integral to...

December 26, 2022

NewsEgypt, Social Protection

28OctOctober 28, 2022

Egypt: Increase of minimum wage in public service to address rising cost of living

Egypt has increased the minimum wage in the public sector from 2,000 Egyptian pound ($101.3) to 3,000 in a move to help workers surf the increase in the cost of living, reports say. Prime Minister Mostafa Madbouly who announced the decision said the government will pay an exceptional bonus of EGP 300 for employees in the public sector and its affiliate companies, as well as pensions. Read also Nigeria. How data analytics, artificial intelligence will help PFAs enhance customer service The hike...

October 28, 2022

NewsAdequacy, Egypt, Income

29SepSeptember 29, 2022

Pensions in Egypt increased by 50% in recent years: Social solidarity minister

Pensions in Egypt have increased over the past three years by nearly 50 percent, and the minimum pension currently is EGP 916 per individual, Egypt's Minister of Social Solidarity Nevine El-Qabbaj said on Wednesday. El-Qabbaj made the remarks during the launch of the activities of the 6th Arab Pensions Conference that was held under the theme ‘Arab Pensions Outlook 2050 – Change and Opportunity’ in Sharm El-Sheikh. Pension systems play an important role in the Arab world and globally in providing...

September 29, 2022

NewsEgypt, Public Pensions

22MarMarch 22, 2022

President Sisi approves 13% increase in pensions: Egypt’s PM

President Abdel Fattah El-Sisi approved a 13-percent increase in pensions, said Egyptian Prime Minister Moustafa Madbouli in a press conference on Monday, adding that the increase would be applied next April rather than July, at an additional cost of LE 8 billion. The conference was held after a number of decisions taken by the Central Bank of Egypt regarding the rates of interest and exchange to mitigate the global economic repercussions of the ongoing Ukraine-Russia military escalation. The Prime Minister said...

March 22, 2022

News, Slider2022, Egypt, Public Pensions

08MayMay 8, 2020

Egypt increases wages, pensions by LE 100B in 20/21: Prime Minister

"Egypt’s new budget draft for fiscal year 2020/2021 includes an article stipulating the increase of wages and pensions by LE 100 billion," Prime Minister Mostafa Madbouli said Thursday. Madbouli added at a press conference at the headquarters of the Cabinet that the state was keen to alleviate the burden off the Egyptian citizen during the coronavirus crisis. “Every year we need nearly 800 jobs for young people,” he stated. “We all, as citizens, must be aware that delayed...

May 8, 2020

News, Slider2020, Egypt, Public Pensions

13AprApril 13, 2020

Egypt. COVID-19 crisis likely to propel social protection reforms: Mashaat

The novel coronavirus (COVID-19) crisis is likely to accelerate the structural reforms as regards the social protection and the irregular workers alongside activating the financial inclusion as per the policies of the Central Bank of Egypt (CBE), said International Cooperation Minister Rania el Mashaat on Monday. The minister was addressing a video conference session about the short and long-term repercussions of the coronavirus pandemic organized by the Middle East Institute (MEI), a leading non-profit think tank and cultural center...

April 13, 2020

News, Slider2020, Africa, Coronavirus, COVID-19, Egypt, Social Protection

15JulJuly 15, 2019

Egypt. Draft bill to end debt conflict between Treasury, Social Insurance

The draft new social insurance and pensions bill prepared by the government and approved in principle by the House of Representatives last week includes mechanisms and measures that would resolve the existing and future debt crises between the Treasury Authority and the National Social Insurance Authority. The key features pertinent to conflict resolution are: The Treasury Authority pays to the National Social Insurance Authority a sum that increases annually by 5.7 percent for 50 years and that...

July 15, 2019

News, Slider2019, Egypt

March 2025

January 2024

Egypt to increase minimum wages, pensions within two months: Official

March 2023

Egypt. President announces raising minimum wage, pensions

December 2022

October 2022

Egypt: Increase of minimum wage in public service to address rising cost of living

September 2022

Pensions in Egypt increased by 50% in recent years: Social solidarity minister

March 2022

President Sisi approves 13% increase in pensions: Egypt’s PM

May 2020

Egypt increases wages, pensions by LE 100B in 20/21: Prime Minister

April 2020

July 2019

Egypt. Draft bill to end debt conflict between Treasury, Social Insurance