Fakhry Feki: 20% Wages Boost in Four Years

Dr. Fakhry Al-Feki, a former assistant at the International Monetary Fund, stated that wages are expected to increase by at least 20% over the next four years to improve citizens' living standards. This comes after inflation rates gradually declined from 34% three years ago to 13.5% currently, with a target to reach 9.6% next year and 6.9% within four years. He explained that approximately 70% of citizens will benefit from social protection programs, and that wage increases in the recent period have been around 15%.

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