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EGYPT ANNOUNCE PAY CUT FOR ALL WORKERS


Egypt has announced that every working Egyptian will face a pay cut of 1% while the elderly will face a half percent cut in their pensions.

 

This comes as the country announced a number of financial measures to help pay for the economic damage caused by the corona virus pandemic.

 

The government says the measures will be in force for a year starting from July.

 

However, citizens with a monthly income of less than 125 dollars will be exempted.

 

 

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