Minister of Finance Amr El-Garhy said that the government will submit bills to the House of Representatives to approve a social package over EGP 43bn. He told Daily News Egypt that the draft laws include projects to increase pensions, tax exemptions​, and allowances, while increasing Takaful and Karama pensions will be approved by the Council of Ministers. He said that the draft laws are related to procedures that need laws and are not included in the budget, such as tax deduction. The law provides the public servants covered by it with an annual allowance of 7% of wage. The second segment between EGP 7,200 and EGP 30,000 per years will receive a tax deduction of 80%.

Source: Daily News Egypt May 31, 2017 11:37 UTC