Egypt’s fuel subsidies

December 9, 2019

Egypt’s fuel subsidy bill drops by 69% year on year July-Sept: Minister

CAIRO, Dec 8 (Reuters) – Egypt’s spending on fuel subsidies dropped by about 69 percent year on year to 7.25…

January 28, 2019

Electricity Minister Mohammed Shaker announced Sunday that the lifting of electricity subsidies has been postponed from the 2018-2019 fiscal…

June 17, 2018

Prime Minister Mostafa Madbouli held a lengthy meeting on Saturday via video conference with the governors from the Cabinet…

January 24, 2018

In the International Monetary Fund’s (IMF) latest Regional Economic Outlook on Egypt that was released on Tuesday, the international lender…

January 16, 2017

Egypt's Finance Minister Amr al-Garhy said on Sunday the government is studying the application of new cuts to fuel subsidies. The…

September 6, 2016

The governorates of Minya and Sharqiya were hit by a shortage of butane gas cylinders on Monday, with prices doubling…

August 23, 2016

Egypt plans to end fuel subsidies within three years and is aiming to increase fuel prices to 65 percent of…

June 20, 2015

Egypt has earmarked LE61 billion ($8 billion) for fuel product subsidies in the draft 2015/2016 budget, Tarek El Molla, chairman…