Egypt’s government unveils new hikes in electricity prices by 42%
Egypt announced new hikes in electricity prices by up to 42 percent for households as part of a government reform…
Browsing Tag
subsidies
No alternative to increasing fuel prices in Egypt
An official source from the Ministry of Petroleum confirmed that there is no alternative to increasing fuel…
Budget deficit falls 8% of Egypt’s GDP in first nine months of FY2016/17
Egypt's budget deficit for the first nine months of the financial year 2016/2017 ending in June dipped to eight…
IMF backs Egypt scheme to remove fuel subsidies in 3Yrs, ease inflation
The International Monetary Fund (IMF) is encouraged by Egypt’s efforts to remove fuel subsidies within three years…
60 million Egyptians see supply data updated, 10 million left: minister
Egypt's Minister of Communications Yasser El-Kady said in a press conference Saturday that 60.3 million…
World Bank Egypt reforms must focus on investment
Egypt needs to implement economic reforms aimed at encouraging more private investment and moving away from…
Fertilizers industry highlights Egypt’s need to streamline subsidies
Let us not overlook the fertilizers industry as Egypt struggles to reform its tangled web of subsidies. The…
Brent hike, flotation eat 91% of fuel subsidies in H1 of FY 2016-17
The Ministry of Petroleum began reviewing fuel subsidy allocations for the current fiscal year (FY) 2016/2017 to…
John Kerry hails Egypt’s landmark ‘economic reform’
US Secretary of State John Kerry on Saturday praised Egypt for reducing expensive fuel subsidies and liberalising…
Cabinet raises food subsidies amid price hikes: Egypt’s Supply
Egypt will increase the amount allocated to individuals holding food subsidy cards from EGP 18 to 21 starting next…
