Egyptian employees face coronavirus pay cut
Published on May 22, 2020 at 10:16 AM by FACE OF MALAWI
The Egyptian government has announced a raft of financial measures to help pay for the economic damage caused by the corronavirus pandemic.
Under a new draft law every working Egyptian will face a pay cut of 1% while the elderly will face a half percent cut in their pensions.
The measures will be in force for a year from July. People with a monthly income of less than $125 (£102) will be exempt.
People who work in tourism – which has been particularly badly affected may also be excluded.
