Representative Ahmed Ashour Suggests Obtaining Employment Contracts for Egyptian Workers

Representative Ahmed Ashour, Assistant Rapporteur of the Population Committee at the National Dialogue, suggested that the Egyptian Ministry of Labor obtain photocopies of employment contracts between an Egyptian worker and a foreign employer.

Increasing Remittances and Formalizing the Informal Economy

And Ashour added in his speech to the Committee on Public Debt, Fiscal Deficit and Financial Reform that workers abroad are required to transfer 50% of the cost of work through banks and legal methods into the country in order to increase remittances. workers abroad into the country and the provision of hard currency, noting that Egyptians’ remittances abroad have dropped significantly in percentage over the recent period.

Ashour added that the public debt is the result of debts accumulated in previous years, adding: “There should be a law with incentives to include the informal economy in the formal economy.

Discussion at the National Dialogue Public Debt Committee

At the National Dialogue Public Debt Committee discussion session, proposals and speeches by some representatives of political parties and movements, as well as some members of the House of Representatives and the Senate, were presented to discuss the issue of public debt and budget deficit.

Source: Egyptian media