State Council to increase the president’s monthly wage
The Egypt State Council building - YOUM7 (Archive)
By THE CAIRO POST

CAIRO: The State Council agreed Sunday to increase the gross monthly wage of the president to 42,000 EGP ($6,000), Youm7 reported.

Interim President Adly Mansour submitted a new draft law amending the wage for the president in light of the associated legislative proposal of the Cabinet.

The Legislative Department of the State Council, headed by advisor Magdi El-Agaty, approved the legislative amendment by increasing the basic monthly wage of the president from 2,000 EGP to 21,000 EGP in addition to 21,000 EGP more as a representation allowance, Shorouk reported.

Presidential spokesperson Ehab Badawy said that this financial treatment will go into effect starting with the next president and it does not apply to the current interim president Adly Mansour.

Badawy said Mansour was not paid any salary since he assumed presidency and that he still receives his salary from the Supreme Constitutional Court.

The annual allowances of the president, during the past regime, reached 24,000 EGP including the basic salary but the president was allowed to receive other allowances that mounted to 10,000 EGP monthly, according to the last Shura Council.

The Egyptian economy was in such a critical state and suffered from the instability that following January 25 Revolution in 2011, which toppled former President Hosni Mubarak.

Counselor Hisham Genina, head of the Central Auditing Authority, said that ousted President Mohamed Morsi’s salary during one year was nearly 800,000 EGP.

Some Egyptian media have criticized the perceived excesses of the presidency, with much of the country still threatened by social conflict fuelled by poverty and high unemployment.

Additional reporting by Hazem Adel.

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