Egypt won’t cut fuel subsidies before July 2018: minister
Egypt is not considering a rise in fuel prices before 30 June 2018, at the end of the current financial year, and…
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Egypt’s inflation to rebound to 12-13% in six months: minister
Egypt’s inflation is expected to rebound between 12 and 13 percent in a period of six and nine months, finance…
Fitch says Egypt’s budget, energy price hikes show fiscal commitment
Egypt's new budget and lower electricity and fuel subsidies demonstrate a continued commitment to fiscal…
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…
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…