{"id":598386,"date":"2019-05-23T03:44:46","date_gmt":"2019-05-23T03:44:46","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/government-expects-egp-17-bn-revenues-from-raising-electricity-prices\/"},"modified":"2019-05-23T03:44:46","modified_gmt":"2019-05-23T03:44:46","slug":"government-expects-egp-17-bn-revenues-from-raising-electricity-prices","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/government-expects-egp-17-bn-revenues-from-raising-electricity-prices\/","title":{"rendered":"Government expects EGP 17 bn revenues from raising electricity prices"},"content":{"rendered":"

<\/a> Government expects EGP 17 bn revenues from higher electricity prices:<\/b> The government is expecting to take in some EGP 17 bn worth of additional revenues from raising electricity prices in the fiscal year starting 1 July, local press reported<\/a>. The Finance Ministry will still support the electricity sector in FY2019-2020 to the tune of EGP 16.5 bn.<\/p>\n

If you haven\u2019t heard yet:<\/b> New electricity prices were announced yesterday<\/a>, with prices set to rise an average of 15%. Prices for ultra-high voltage electricity used by steel and iron factories will increase by 10% on average in the coming fiscal year, while low voltage prices paid by households, stores, and small and micro businesses will increase by 19% on average. Tap or click here<\/b><\/a> for the full price breakdown<\/b> for households or here (pdf)<\/a> for a review of the Sisi administration\u2019s plan to phase out electricity subsidies entirely.<\/p>\n","protected":false},"excerpt":{"rendered":"

Government expects EGP 17 bn revenues from higher electricity prices: The government is expecting to take in some EGP 17 bn worth of additional revenues from raising electricity prices in the fiscal year starting 1 July, local press reported. The Finance Ministry will still support the electricity sector in FY2019-2020 to the tune of EGP […]<\/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":[8572],"tags":[279,104,244,72,2380,98],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-598386","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-budget-watch","tag-economy","tag-electricity","tag-enterpriseam","tag-speed-round","tag-subsidies","wpautop","entry"],"acf":{"mongo_id":"8faf7c14-1e94-4163-b22c-87b64e686e68","is_powered_by":true,"section_story_id":"5165007a-902d-43d0-b9e9-071013232557","story_type":"1","photo_url":"","photo_position":"above","related_issue":[598376],"teaser":"","voice_url":""},"yoast_head":"\nGovernment expects EGP 17 bn revenues from raising electricity prices - 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\/2019\/05\/23\/government-expects-egp-17-bn-revenues-from-raising-electricity-prices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government expects EGP 17 bn revenues from raising electricity prices\" \/>\n<meta property=\"og:description\" content=\"Government expects EGP 17 bn revenues from higher electricity prices: The government is expecting to take in some EGP 17 bn worth of additional revenues from raising electricity prices in the fiscal year starting 1 July, local press reported. The Finance Ministry will still support the electricity sector in FY2019-2020 to the tune of EGP […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/government-expects-egp-17-bn-revenues-from-raising-electricity-prices\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2019-05-23T03:44:46+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\/2019\/05\/23\/government-expects-egp-17-bn-revenues-from-raising-electricity-prices\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/government-expects-egp-17-bn-revenues-from-raising-electricity-prices\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Government expects EGP 17 bn revenues from raising electricity prices\",\"datePublished\":\"2019-05-23T03:44:46+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/government-expects-egp-17-bn-revenues-from-raising-electricity-prices\/\"},\"wordCount\":151,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"budget watch\",\"economy\",\"electricity\",\"EnterpriseAM\",\"SPEED ROUND\",\"subsidies\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/government-expects-egp-17-bn-revenues-from-raising-electricity-prices\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2019\/05\/23\/government-expects-egp-17-bn-revenues-from-raising-electricity-prices\/\",\"name\":\"Government expects EGP 17 bn revenues from raising electricity prices - 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