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23
Aug-2012 |
Gov't: No increase in bonuses |
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| President of Fayoum University Professor Abdel Hamid Abdel Tawab Sabry received a periodical from the General Secretariat of the Egyptian Cabinet. It states that no increases in bonuses are allowed as each institution must abide by the budget of the fiscal year 2012/2013 to keep budget deficit on target. Also, each government body should deposit 20% of the revenues of the special funds and units within the first ten days of the next month in the account created for this purpose i.e. The Treasury Single Account. |
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