Factories at Crossroads: Egypt’s industrial sector between optimism, crisis
Over the past decade, Egypt has undergone sweeping economic changes, with industry positioned as a cornerstone of…
Browsing Tag
energy subsidies
Senegal’s debt jumps amid rising fiscal pressures
Senegal’s public debt surged by the end of March 2025, reflecting mounting fiscal strain as the government…
URGENT: Egypt raises fuel prices
Egypt’s petroleum ministry announced on Friday an increase in domestic fuel prices, marking the first hike of 2025.
IMF sees Libya’s GDP rebound in ’25
The IMF projects Libya's GDP to rebound in 2025, driven by a recovery in oil production, following a downward…
Japan allocates additional $6.73b to energy subsidies
The Japanese government will allocate an additional 989.15 billion yen ($6.73 billion) from its fiscal 2024 reserve…
Egypt cuts energy subsidy spending in H2-2019
Egypt has cut its spending on energy subsidies to 9.88 billion Egyptian pounds ($631 million) during the second…
IMF to vote on final loan disbursal to Cairo on July 24 – Egypt PM
The International Monetary Fund (IMF) will vote on the disbursement of the final $2 billion tranche of a $12…
Egypt to continue to cut energy subsidies to reduce govt. expenditure
Egypt's Minister of Petroleum and Mineral Resources Tarek el-Molla said on Tuesday at the Arab Energy Forum in…
Egypt, Algeria eye less spending on subsidies
Egypt and Algeria should further lower energy subsidies to cut government spending and promote energy efficiency,…
Egypt’s annual urban inflation rises 14.4% in June: CAPMAS
Egypt’s annual urban consumer price inflation rose by 14.4 percent in June from 11.4 percent in May, the official…