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Maait noted that the COVID-19 pandemic resulted in delaying the government’s plan to increase salaries as well as pensions and decrease income tax.
This announcement came during a parliamentary session to discuss the establishment of a fund that would mitigate any negative impact of pandemics and natural disasters in the country.
In a way to support the state during the COVID-19 crises, the House of Representatives gave an initial nod to deducting 1% and 0.5% from monthly salaries and pensions for one year.
The finance minister assured that not a single Egyptian pound will be transferred to the state treasury, yet the deducted amount will be directed to the crisis fund.
Until press time, the North African country registered a total of 76,222 coronavirus cases.
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