Eng. Atef Helmy Egyptian Telecom Minister decided to reduce the salaries of employees who are working in the supreme departments in the Ministry with proportion ranging between 10-18% and using this liquidity to boost the salaries of the lowest workers.
Helmy explained that the decision is currently applying only for Cabinet of Ministry, noting it started calling the parties affiliated such as the National Telecommunication Regulatory Authority (NTRA) and Information Technology Industry Development Agency (ITIDA) in order to activate the decision.
He asserted that Telecom Egypt (TE)(ETAL-CA) shall not submit to any measure as it is an independent firm.
He said the decision didn’t relate to minimum and maximum wages which actually applied from this month.