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THIS EVENING: Egypt postpones phasing out of electricity subsidies + The world sees a massive crypto sell-off
What an interesting afternoon, ladies and gentlemen. We got everything from DJ bn’aire’s to Google covering up a sentient algorithm…
More inflation coming our way
Could household electricity bills rise from 1 July? Households could see their electricity bills rise by as much as 21%…
Last Night’s Talk Shows:
Bread and the grain used to make it led the conversation on last night’s airwaves. Gov’t gets tough on local…
Bread subsidies aren’t changing in the near future, El Moselhy says
Scrapping bread subsidies for banknotes is shelved for now, El Moselhy tells Senate: The Sisi administration’s previously-floated plan to replace…
Subsidies + social safety net allocations dominate House budget debate
MPs raise flags on FY 2022-2023 budget allocations for subsidy + social safety net spending: Members of the House Planning…
Maait warns of global food crisis, says talks with IMF going “very well” –FT interview
Surging food prices on the back of the crisis in Ukraine could put “mns” at risk around the world, Finance…
Electricity subsidies live on
SETTING THE RECORD STRAIGHT - Electricity subsidies haven’t been phased out. Electricity is and will continue to be subsidized by…
Gov’t to pay more overdue subsidies back to exporters in April + Russia moves forward on Dabaa
Exporters to get more of their overdue subsidies back in April: Exporters in the fourth phase of the government’s program…
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