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Home - Middle East - Egypt Raises Minimal Wage to eight,000 EGP From July 2026
Middle East

Egypt Raises Minimal Wage to eight,000 EGP From July 2026

NextTechBy NextTechApril 2, 2026No Comments2 Mins Read
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Prime Minister Mostafa Madbouly introduced on Wednesday,1 April, 2026 that Egypt will enhance the minimal month-to-month wage to EGP 8,000 (USD 147.25) per thirty days from July. 

Madbouly stated the choice features a 1,000 EGP enhance and kinds a part of measures to be mirrored within the 2026/27 state funds.

Talking throughout a weekly cupboard press convention, Madbouly stated the federal government expects the wage invoice for the 2026/27 fiscal yr to rise by 21 p.c, describing it as the most important enhance in an extended interval. 

He added that the authorities plan to proceed periodic wage increments at a 15 p.c fee, whereas additionally granting distinctive will increase for particular public service classes, together with lecturers and healthcare staff.

The transfer follows earlier minimal wage revisions for personal sector staff, together with a rise to 7,000 EGP (USD 128.84) in March 2025. That adjustment was the sixth minimal wage rise over three years, with earlier will increase in Might 2024 from 3,500 EGP to six,000 EGP (USD 110.44), and additional steps earlier than that throughout 2022–2024.

Earlier on Wednesday, President Abdel Fattah Al-Sisi, met with Madbouly, Finance Minister Ahmed Kouchouk, and Minister of Planning and Financial Improvement Ahmed Rustom to evaluate preparations for Egypt’s post-Worldwide Financial Fund (MF) financial imaginative and prescient, together with a nationwide improvement programme supposed to strengthen competitiveness and keep long-term stability.

Egypt is at present implementing an USD 8 billion (EGP 434 billion) Prolonged Fund Facility (EFF) agreed with the IMF in 2024 as an enlargement of an earlier 2022 settlement, geared toward addressing international foreign money shortages. 

In February 2026, the IMF permitted the fifth and sixth opinions beneath the programme and the primary evaluate beneath the USD 1.3 billion (EGP 70 billion) Resilience and Sustainability Facility (RSF), unlocking roughly USD 2.27 billion (EGP 123 billion) in new financing and bringing complete disbursements to about USD 5.2 billion (EGP 282 billion).

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