(Adds details, analyst comment)
CAIRO May 29 Egypt's cabinet has approved
raising the minimum income tax threshold to 7,200 Egyptian
pounds ($398) a year from 6,500 pounds, Deputy Finance Minister
for fiscal policies Amr al-Munir told a news conference on
The decision has yet to be approved by parliament.
The Finance Minister Amr El Garhy said that the government
has decided on a social security package for 43 billion pounds
for the year 2017/18 beginning in July, including a 15 percent
rise for pensioners and a 14-20 percent rise in salaries.
($1 = 18.0950 Egyptian pounds)
(Reporting by Ehab Farouk; Writing by Asma Alsharif; Editing by