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El-Badawy: Minimum wage tied to inflation
Magdy El-Badawy, Vice President of the General Federation of Egyptian Trade Unions, spoke about the relationship between the minimum wage, inflation, and purchasing power. He confirmed that the current law establishes a strict system for enforcing the minimum wage and intensifies penalties for those who refuse to comply. He explained that an amount of 7,000 Egyptian pounds in the private sector is not considered a fair wage compared to the government minimum of 8,000 pounds. He also noted that the minimum wage is affected by factors such as inflation and service costs, and should be accompanied by incentives and facilitation measures for business owners to ensure the sustainability of establishments and workers' rights.
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