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Egypt Approves 15% Pay Rise For Government Employees

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http://www.independent.co.uk/news/world/africa/egypt-approves-15-pay-rise-for-government-employees-2207147.html

Egypt's embattled regime announced today a 15 per cent increase in salaries and pensions in the latest attempt to defuse popular anger amid protests demanding President Hosni Mubarak's resignation.

The cabinet decision follows earlier promises to investigate election fraud and official corruption, which have done little to persuade the tens of thousands occupying downtown's Tahrir Square to end their two-week long protest.

State TV also announced that the family of a detained Google marketing manager who helped organise the anti-Mubarak demonstrations, "has been notified that he will be released this evening."

Wael Ghonim was one of the most prominent youth organisers of the protests and was seized by security agents on January 28.

Newly appointed Finance Minister Samir Radwan says some 6.5 billion Egyptian pounds ($960 million) will be allocated to cover the increases, which will take effect in April for the 6 million people on public pay rolls.

In the past, public sector employees have been a pillar of support for the regime, but in recent years as prices have soared, their salaries have stagnated in value forcing the government to periodically announce raises to quell dissatisfaction.

Following widespread labour unrest in public sector factories in 2008, Mubarak announced a 30 per cent increase in prices that appeared to temporarily blunt public anger.

And inflation will do what?

What's the state of the Egyptian govt finances, have they got the money to fund this giveaway to state employees?

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The rise only applies to gubmint employees.

It's the Brown Bribe™, worked well for him <_<

Edited by Greener Pastures

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The rise only applies to gubmint employees.

It's the Brown Bribe™, worked well for him <_<

I thoguth that too.

Is that one-eyed tw*t earning consultancy fees on the side.

G Brown - 'How to get elected even if your are a *****'

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I thoguth that too.

Is that one-eyed tw*t earning consultancy fees on the side.

G Brown - 'How to get elected even if your are a *****'

Thas the C word by the way.

Pretty harse abusive filter.

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I thoguth that too.

Is that one-eyed tw*t earning consultancy fees on the side.

G Brown - 'How to get elected even if your are a *****'

Now what would Gordon know about winning elections? :lol:

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http://www.independe...es-2207147.html

And inflation will do what?

What's the state of the Egyptian govt finances, have they got the money to fund this giveaway to state employees?

Yes - coz the Billions Mubarak & his cronies have been siphoning off into their private (secret accounts in Switzerland) bank accounts have now 'reappeared' on the Govt/country's balance sheets!

Good Game, Good Game!

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  • 276 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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