{"id":554246,"date":"2021-12-27T03:59:32","date_gmt":"2021-12-27T03:59:32","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/27\/a-clear-vision-on-subsidies-coming-in-early-2022\/"},"modified":"2021-12-27T03:59:32","modified_gmt":"2021-12-27T03:59:32","slug":"a-clear-vision-on-subsidies-coming-in-early-2022","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2021\/12\/27\/a-clear-vision-on-subsidies-coming-in-early-2022\/","title":{"rendered":"A \u201cclear vision\u201d on subsidies coming in early 2022?"},"content":{"rendered":"

The government will set out a \u201cclear vision\u201d on subsidies when preparing next fiscal <\/strong>year\u2019s state <\/strong>budget in March<\/strong>, Prime Minister Moustafa Madbouly said on Thursday<\/a>. Speaking at a press conference to mark the first cabinet meeting<\/a> to be held in the new administrative capital, Madbouly said that the government must strike a balance between providing support to citizens and maintaining the country\u2019s economic performance, especially given global inflationary pressures and a rapidly increasing population.<\/p>\n

Inflationary pressures are set to impact subsidies:<\/strong> Egypt is not immune from the squeeze on commodities, rising shipping costs and higher input costs seen worldwide, Madbouly said, adding that it wouldn\u2019t be logical for local prices to remain fixed given the wider inflationary environment. His comments came a day after President Abdel Fattah El Sisi suggested that new rules could come into effect on eligibility for subsidy ration cards<\/a>, as the government continues to reform the subsidy system to reduce its burden on the state budget.<\/p>\n","protected":false},"excerpt":{"rendered":"

The government will set out a \u201cclear vision\u201d on subsidies when preparing next fiscal year\u2019s state budget in March, Prime Minister Moustafa Madbouly said on Thursday. Speaking at a press conference to mark the first cabinet meeting to be held in the new administrative capital, Madbouly said that the government must strike a balance between […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7413],"tags":[279,72,278,98],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-554246","post","type-post","status-publish","format-standard","hentry","category-budget-watch","tag-budget-watch","tag-enterpriseam","tag-state-budget","tag-subsidies","wpautop","entry"],"acf":{"mongo_id":"68579aa7-4f31-4a41-ae0c-1a6667882a3d","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[554232],"teaser":"","voice_url":""},"yoast_head":"\nA \u201cclear vision\u201d on subsidies coming in early 2022? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/27\/a-clear-vision-on-subsidies-coming-in-early-2022\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A \u201cclear vision\u201d on subsidies coming in early 2022?\" \/>\n<meta property=\"og:description\" content=\"The government will set out a \u201cclear vision\u201d on subsidies when preparing next fiscal year\u2019s state budget in March, Prime Minister Moustafa Madbouly said on Thursday. Speaking at a press conference to mark the first cabinet meeting to be held in the new administrative capital, Madbouly said that the government must strike a balance between […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/27\/a-clear-vision-on-subsidies-coming-in-early-2022\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2021-12-27T03:59:32+00:00\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/27\/a-clear-vision-on-subsidies-coming-in-early-2022\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/27\/a-clear-vision-on-subsidies-coming-in-early-2022\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"A \u201cclear vision\u201d on subsidies coming in early 2022?\",\"datePublished\":\"2021-12-27T03:59:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/27\/a-clear-vision-on-subsidies-coming-in-early-2022\/\"},\"wordCount\":172,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"budget watch\",\"EnterpriseAM\",\"state budget\",\"subsidies\"],\"articleSection\":[\"BUDGET WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/27\/a-clear-vision-on-subsidies-coming-in-early-2022\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2021\/12\/27\/a-clear-vision-on-subsidies-coming-in-early-2022\/\",\"name\":\"A \u201cclear vision\u201d on subsidies coming in early 2022? 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taxes, according to a cabinet statement.\u2026","rel":"","context":"In "Speed Round"","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":546728,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/26\/next-years-budget-remains-tentative-madbouly-tells-mps\/","url_meta":{"origin":554246,"position":4},"title":"Next year\u2019s budget remains \u201ctentative,\u201d Madbouly tells MPs","author":"enterpriseam admin","date":"26 May 2022","format":false,"excerpt":"Gov\u2019t responds to MP reservations about budget allocations: MPs now reviewing the draft FY 2022-2023 state budget should view the spending plan as \u201ctentative\u201d as global conditions continue to shift the goalposts, Prime Minister Moustafa Madbouly said in a meeting with the chairs of the House of Representatives\u2019 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