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Government to send Cash Subsidies Act to parliament next week
LEGISLATION WATCH- No new cash subsidy recipients until in-the-works Cash Subsidy Act gets House nod? It would appear that the…
Is Egypt’s fuel pricing mechanism coming into effect this month?
Is Egypt’s fuel pricing mechanism coming into effect this month? Speculation is rife in the local press that the Oil…
Supply Ministry in talks with FinMin, bakeries over switching subsidies to cash handouts
The Supply Ministry is in talks with the Finance Ministry, subsidized bread bakeries, and other key stakeholders over its planned…
Government expects EGP 17 bn revenues from raising electricity prices
Government expects EGP 17 bn revenues from higher electricity prices: The government is expecting to take in some EGP 17…
Electricity prices to rise an average of 15% in FY2019-2020
Electricity prices to rise an average of 15% in FY2019-2020: Average electricity prices will rise by 15% from 1 July,…
Cabinet denies reports suggesting Egypt’s home electricity prices will rise 30-60%
Gov’t (sort of) denies reports suggesting home electricity prices will rise 30-60%: The Madbouly Cabinet denied yesterday domestic press reports…
Government to decide on new electricity rates by May-end
Government to decide on new electricity rates by the end of May: The Egyptian Electrical Utility and Consumer Protection Regulatory…
Egypt fuel subsidies spending falls 28% in the first nine months of FY2018-19
Fuel subsidies spending falls 28% in the first nine months of FY2018-19: Government spending on fuel subsidies fell to EGP…
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