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Finance Minister Ahmed Kawkak clarified that the draft general budget for 2026/2027 allocates 822.8 billion Egyptian pounds for the salaries of public sector employees, with pay raises to be implemented starting from the July payroll. The budget also includes 836.8 billion pounds for social support and protection programs, representing an annual increase of 13%. This covers subsidies for essential commodities, the Takaful and Karama programs, social security, and child allowances. Additionally, 120 billion pounds are designated to support the energy sector and to settle financial dues, while 13 billion pounds are allocated for housing projects for beneficiaries. A further 69.1 billion pounds are reserved for the purchase of local wheat, along with an increase in the price per ardeb (a grain measurement) to 2,500 pounds.
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