Egypt assigns $8 bln for fuel subsidies in FY 2017-18 budget
Egypt has assigned 145 billion Egyptian pounds ($8 billion) for fuel subsidies and 80 billion pounds for…
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fuel subsidies
IMF backs Egypt plan to remove fuel subsidies in 3 years, ease inflation: official
The International Monetary Fund is encouraged by Egypt's efforts to remove fuel subsidies within three years and…
Egypt to lower fuel subsidies to 33 bln pounds in 2017/18 draft budget
Egypt’s government will reduce spending on fuel subsidies to 33 billion Egyptian pounds in the 2017/18 draft budget…
Egypt devaluation doubles fuel subsidy bill to 78bn pounds in first 9 months
Egypt's government spent 78 billion Egyptian pounds ($4.32 billion) on fuel subsidies in the first nine months of…
Egypt planning new cuts to energy subsidies – FinMin
Egypt's Finance Minister Amr al-Garhy announced Sunday the government is studying the application of new cuts to…
Egypt plans to lift fuel subsidies within three years: sources
Egypt is planning to lift fuel subsidies within three years and is aiming to increase fuel prices to 65 percent of…
Egypt to cut fuel subsidies as government seeks to reduce deficit
Egypt is to reduce spending on fuel subsidies by nearly 43 percent in the 2016/17 budget due mainly to lower global…
Egypt is ‘suffering’ due to high fuel subsidies: oil minister
Egypt’s petroleum minister stated Monday that the country is “suffering” due to fuel subsidies, saying these funds…
Oil price drop spurs Egypt fuel subsidy phase-out once more
The continued collapse in oil prices will encourage Egyptian government to slash fuel subsidies once more to reduce…
Egypt Earmarks $8 Bln For Fuel Subsidies In 2015/2016
Egypt has earmarked 61 billion Egyptian pounds ($8 billion) for fuel product subsidies in the draft 2015/2016…
