{"id":627901,"date":"2018-06-14T04:09:58","date_gmt":"2018-06-14T04:09:58","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/14\/el-sisi-defends-26-hike-in-electricity-prices\/"},"modified":"2018-06-14T04:09:58","modified_gmt":"2018-06-14T04:09:58","slug":"el-sisi-defends-26-hike-in-electricity-prices","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2018\/06\/14\/el-sisi-defends-26-hike-in-electricity-prices\/","title":{"rendered":"El Sisi defends 26% hike in electricity prices"},"content":{"rendered":"<p><strong>El Sisi defends 26% hike in electricity prices:<\/strong> The government spends USD 18.6 bn on subsidies to cover fuel, food and electricity, President Abdel Fattah El Sisi said on Tuesday <a href=\"https:\/\/enterprise.press\/stories\/2018\/06\/13\/electricity-prices-to-rise-an-average-of-26-as-early-as-next-month\/\">following the announcement<\/a> of an average 26% increase in next year\u2019s electricity prices,<a href=\"https:\/\/www.nytimes.com\/aponline\/2018\/06\/13\/world\/middleeast\/ap-ml-egypt.html\">the Associated Press reports<\/a>. Each family receives an average of about USD 60 in subsidies, he noted in a speech. El Sisi insisted that it was necessary to continue with reforms, adding that he refuses to delay them any further. \"All challenges and difficulties could be easy if we endure them,\" he said. \"We have to pay the price together.\"<\/p>\n","protected":false},"excerpt":{"rendered":"<p>El Sisi defends 26% hike in electricity prices: The government spends USD 18.6 bn on subsidies to cover fuel, food and electricity, President Abdel Fattah El Sisi said on Tuesday following the announcement of an average 26% increase in next year\u2019s electricity prices,the Associated Press reports. Each family receives an average of about USD 60 [&hellip;]<\/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":[72,2380],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-627901","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"76c20eaf-c0ab-497e-b038-6d4e6173098b","order":"0","is_powered_by":true,"section_story_id":"5da0b913-bde3-4d47-a12b-cb9bdf0170f7","story_type":"1","photo_url":"","photo_position":"above","related_issue":[627884],"teaser":"","voice_url":""},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.1 (Yoast SEO v27.1.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>El Sisi defends 26% hike in 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\/2018\/06\/14\/el-sisi-defends-26-hike-in-electricity-prices\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"El Sisi defends 26% hike in electricity prices\" \/>\n<meta property=\"og:description\" content=\"El Sisi defends 26% hike in electricity prices: The government spends USD 18.6 bn on subsidies to cover fuel, food and electricity, President Abdel Fattah El Sisi said on Tuesday following the announcement of an average 26% increase in next year\u2019s electricity prices,the Associated Press reports. Each family receives an average of about USD 60 [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/14\/el-sisi-defends-26-hike-in-electricity-prices\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2018-06-14T04:09:58+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\/2018\/06\/14\/el-sisi-defends-26-hike-in-electricity-prices\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/14\/el-sisi-defends-26-hike-in-electricity-prices\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"El Sisi defends 26% hike in electricity prices\",\"datePublished\":\"2018-06-14T04:09:58+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/14\/el-sisi-defends-26-hike-in-electricity-prices\/\"},\"wordCount\":107,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/14\/el-sisi-defends-26-hike-in-electricity-prices\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2018\/06\/14\/el-sisi-defends-26-hike-in-electricity-prices\/\",\"name\":\"El Sisi defends 26% hike in electricity prices - 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Prices for ultra-high voltage electricity used by steel and iron factories will increase by 10% on average in the coming fiscal year, while\u2026","rel":"","context":"In &quot;Speed Round&quot;","block_context":{"text":"Speed Round","link":"https:\/\/enterpriseam.com\/egypt\/category\/speed-round\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2019\/5\/4.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":646114,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/06\/egp-145-bn-for-fuel-subsidies-in-fy-2017-18-budget\/","url_meta":{"origin":627901,"position":4},"title":"EGP 145 bn for fuel subsidies in FY 2017-18 budget","author":"enterpriseam admin","date":"6 June 2017","format":false,"excerpt":"Cabinet increases earmarks for fuel subsidy program in FY2017-18 budget: The cabinet economic group decided on Monday to increase the amounts earmarked for fuel and electricity subsidies by EGP 85 bn in FY2017-18, according to a cabinet statement. 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