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Decree gives Egypt's next president a salary hike

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AP Cairo
Egypt's interim president has decreed that his successor will get a monthly salary of 21,000 Egyptian pounds (USD 2,957) and a similar sum in a monthly allowance for entertainment.

The decree by Adly Mansour comes less than two weeks before presidential elections in which former military chief Abdel-Fattah el-Sissi, who ousted the elected president and installed Mansour in his place last July, is widely expected to win.

The Sunday decree amends a 1987 law that put the president's monthly salary at 12,000 pounds and gave him a similar amount as an annual, not a monthly, allowance.

The raise, while massive, could hardly match the dramatic rise in the cost of living over the past 25 years.
 

Mansour does not receive a president's salary, collecting instead his salary as a career judge.

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First Published: May 18 2014 | 9:55 PM IST

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