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Wage Reserves Top EGP 73B

Wage Reserves Top EGP 73B

Wage reserves in Egypt’s budget rose to EGP 73.6 billion in fiscal year 2026/2027, up from around EGP 17.7 billion in 2022/2023—an increase of nearly EGP 56 billion, or more than fourfold. They rose gradually to EGP 25.9 billion in 2023/2024, then EGP 28.8 billion in 2024/2025 and EGP 34.6 billion in 2025/2026. At the same time, the Ministry of Finance is targeting an increase of around EGP 142 billion in the state workforce’s wage bill, representing annual growth of 21%. The ministry says the reserves strengthen the budget’s ability to meet emergency needs and respond to unexpected developments.

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