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Egypt to take 1% from public salaries due to coronavirus

CAIRO, May 20 (Reuters) - Egypt will deduct 1% from public salaries for 12 months beginning on July 1 to offset with the economic repercussions of the coronavirus, the cabinet said on Wednesday.

The tax will be imposed across all sectors of the economy, and 0.5% will also be deducted from state pensions, the cabinet said in a statement.

Reporting by Moamen Said Atallah Writing by Aidan Lewis; editing by John Stonestreet

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