Support for private sector reiterated
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ILO hosts industrial seminar to support compliance with Egypt’s new private sector minimum wage - Better Work
CAIRO, 17 March 2025 – Following the adoption of Ministerial Decision No. 15 of 2025, which sets a new private sector minimum wage of 7,000 EGP (approximately 138 USD) per month, effective March 1, the ILO/IFC Better Work Egypt (BWEg) programme and the ILO “Empowerment through Education and Learning in Egypt” (ETEL) project have collaborated to ensure the coordinated and effective implementation of the new wage in the garment sector. To support…
The Bank of China has set up a fund of 50 billion yuan ($6.9 billion) to invest in technology start-ups, reported state media CCTV, while the country's major state lenders are trying to support the private economy.
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