Egypt’s budget deficit for the first nine months of the financial year 2016/2017 ending in June dipped …
Tag:
subsidies
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Industry & Trade
IMF backs Egypt scheme to remove fuel subsidies in 3Yrs, ease inflation
by Yomna Yasserby Yomna YasserThe International Monetary Fund (IMF) is encouraged by Egypt’s efforts to remove fuel subsidies within three years …
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Egypt News
60 million Egyptians see supply data updated, 10 million left: minister
by Yomna Yasserby Yomna YasserEgypt’s Minister of Communications Yasser El-Kady said in a press conference Saturday that 60.3 million Egyptians who benefit …
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Egypt needs to implement economic reforms aimed at encouraging more private investment and moving away from subsidies …
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Blogging
Fertilizers industry highlights Egypt’s need to streamline subsidies
by Yomna Yasserby Yomna YasserLet us not overlook the fertilizers industry as Egypt struggles to reform its tangled web of subsidies. …
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Egypt News
Brent hike, flotation eat 91% of fuel subsidies in H1 of FY 2016-17
by Noha Gadby Noha GadThe Ministry of Petroleum began reviewing fuel subsidy allocations for the current fiscal year (FY) 2016/2017 to …
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US Secretary of State John Kerry on Saturday praised Egypt for reducing expensive fuel subsidies and liberalising …
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Industry & Trade
Cabinet raises food subsidies amid price hikes: Egypt’s Supply
by Noha Gadby Noha GadEgypt will increase the amount allocated to individuals holding food subsidy cards from EGP 18 to 21 …
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Financial Institutions
Lagarde: Egypt has to do more on exchange rate, subsidies files to seal $12bn deal
by Yomna Yasserby Yomna YasserEgypt has “almost completed” the actions required for International Monetary Fund’s $12 billion loan, but some measures …
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Industry & Trade
Airbus, Boeing brace for crucial phase in subsidies dispute
by Noha Gadby Noha GadThe world’s two largest jetmakers are bracing for the next round in a transatlantic spat over billions …