The International Monetary Fund (IMF) has hailed on Wednesday Egypt’s economic reforms, which it said have curbed …
Tag:
energy subsidies
-
-
Egypt’s budget deficit fell by 10.9 percent during the financial year year 2016/2017 from 12.5 percent during …
-
Industry & Trade
Egypt’s FinMin: No fuel price hikes before July 2018
by Yomna Yasserby Yomna YasserThe government has no intention to raise fuel prices again for the current financial year 2017/2018, Egyptian …
-
Egypt’s spending on petroleum subsidies fell by 28.7 percent in the 2015-16 financial year to compared to …
-
Egypt News
Egypt’s 2014 in Review: 20 Political and Economic Milestones
by Yomna Yasserby Yomna Yasser2014 was as rich in political and economic milestones changes for Egypt, Amwal Al Ghad English demonstrates …
-
Industry & Trade
Oil price drop to save Egypt LE30bn in energy subsidies, minister says
by Yomna Yasserby Yomna YasserThe global drop in oil prices will save Egypt a third of its fuel subsidy bill in …
-
Industry & Trade
Egypt Spent $3bn on Fuel Subsidies in the First Quarter: Official
by Yomna Yasserby Yomna YasserEgypt spent 22 billion Egyptian pounds ($3.08 billion) on fuel subsidies in the first quarter of fiscal …
-
Banks
Egypt Central Bank Seen Keeping Rates on Hold as Inflation Eases
by Yomna Yasserby Yomna YasserEgypt’s central bank is expected to keep interest rates on hold on Thursday as inflationary pressure begins …
-
Industry & Trade
Food Prices Seen 2% Rise on Fuel Subsidy Cut – Juhayna CEO
by Yomna Yasserby Yomna YasserEgypt’s recent hikes in fuel prices will not negatively affect food products, said CEO of one of …
-
Industry & Trade
Egypt’s Sawiris Calls to Cut Energy-intensive Industries’ Subsidies
by Yomna Yasserby Yomna YasserEgyptian business tycoon Naguib Sawiris has commended Sunday the government’s decision to raise fuel and electricity prices. …