Wednesday, March 12, 2008

The language of numbers: The wages and salaries in Egypt

I think that the wages and Salaries laws in Egypt should be changed , it is the right time now , why I am speaking that well check with me these numbers :

  • The minimum Salary in Egypt according to law no.53 for year 1984 is L.E 35 "US$ 7" !!!
  • The national council for salaries made a study and found that the current minimum wages and salaries should be raised to the following :

- Those who did not complete their education should take L.E 250

- Those who have secondary certificate should take L.E 275

- Those who have university certificate should take L.E 300

This was published in Daily Nahda Misr from couple of days ago, I wrote down the number because they are shocking to me , because if these were the suggestions of that Council after a study to the current wages and salaries then how much is the current minimum wage or Salary for the three now ?? These numbers can't secure anyone one at least they should raise them to L.E 500

  • The Salary of the Prime minister's son in the Smart village is 50,000 as , this is his first salary in Life and he is not a Harvard graduate !!!

The problem is that the salaries and wages are not equal with the rapid rise in prices ,this is not hard core economics and I think there is no use to raise the salaries and wages ,then you raise the prices , because then there will be no real change.

President Mubarak promised in his presidential elections program in 2006 that he would raise salaries and wages , also I recall that he promised raises to the minimum salaries of the teachers and doctors "The teachers got their raise but the doctors are struggling for it up till now"

I forget to tell you that the President in a meeting with the cabinet before his so-called historical visit to Poland asked them to solve the current prices crisis.

I think the miraculous Presidential intervention will interfere in May when President Mubarak as usual signs the bounce for employees and workers in the Governmental and Public sector , ironically as it is a fake intervention for fake idol the week will not pass when Prices again rise swallowing any raise or bounce in the way just like the previous years

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