{"id":646263,"date":"2017-06-11T04:13:44","date_gmt":"2017-06-11T04:13:44","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/govt-mulls-maintaining-electricity-subsidies-for-an-extra-three-years\/"},"modified":"2017-06-11T04:13:44","modified_gmt":"2017-06-11T04:13:44","slug":"govt-mulls-maintaining-electricity-subsidies-for-an-extra-three-years","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/govt-mulls-maintaining-electricity-subsidies-for-an-extra-three-years\/","title":{"rendered":"Gov\u2019t mulls maintaining electricity subsidies for an extra three years"},"content":{"rendered":"

<\/a> Electricity subsidies might still be with us beyond 2019: <\/strong>The government is considering extending its timeline for the phase-out of electricity subsidies by another two or three years instead of having them removed entirely by 2019, Electricity Minister Mohamed Shaker said, according to Reuters<\/a>. The delay would be to reduce the burden of additional price increases, Ministry spokesperson Ayman Hamza says, explaining that the subsidies could remain in effect until 2021 or 2022. Shaker had said the government has not yet decided on the price hikes set to take effect on 1 July with the new state budget year, but said the government has ruled out leaving the prices unchanged.<\/p>\n","protected":false},"excerpt":{"rendered":"

Electricity subsidies might still be with us beyond 2019: The government is considering extending its timeline for the phase-out of electricity subsidies by another two or three years instead of having them removed entirely by 2019, Electricity Minister Mohamed Shaker said, according to Reuters. The delay would be to reduce the burden of additional price […]<\/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-646263","post","type-post","status-publish","format-standard","hentry","category-speed-round","tag-enterpriseam","tag-speed-round","wpautop","entry"],"acf":{"mongo_id":"01d6252e-749b-4be5-89d3-2fdeba970fc7","order":"0","is_powered_by":true,"section_story_id":"57a4d8ae-5b46-4baf-8467-f8b96273dffd","story_type":"1","photo_url":"","photo_position":"above","related_issue":[646255],"teaser":"","voice_url":""},"yoast_head":"\nGov\u2019t mulls maintaining electricity subsidies for an extra three years - 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\/2017\/06\/11\/govt-mulls-maintaining-electricity-subsidies-for-an-extra-three-years\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Gov\u2019t mulls maintaining electricity subsidies for an extra three years\" \/>\n<meta property=\"og:description\" content=\"Electricity subsidies might still be with us beyond 2019: The government is considering extending its timeline for the phase-out of electricity subsidies by another two or three years instead of having them removed entirely by 2019, Electricity Minister Mohamed Shaker said, according to Reuters. The delay would be to reduce the burden of additional price […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/govt-mulls-maintaining-electricity-subsidies-for-an-extra-three-years\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-06-11T04:13:44+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\/2017\/06\/11\/govt-mulls-maintaining-electricity-subsidies-for-an-extra-three-years\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/govt-mulls-maintaining-electricity-subsidies-for-an-extra-three-years\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Gov\u2019t mulls maintaining electricity subsidies for an extra three years\",\"datePublished\":\"2017-06-11T04:13:44+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/govt-mulls-maintaining-electricity-subsidies-for-an-extra-three-years\/\"},\"wordCount\":116,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"EnterpriseAM\",\"SPEED ROUND\"],\"articleSection\":[\"Speed Round\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/govt-mulls-maintaining-electricity-subsidies-for-an-extra-three-years\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/06\/11\/govt-mulls-maintaining-electricity-subsidies-for-an-extra-three-years\/\",\"name\":\"Gov\u2019t mulls maintaining electricity subsidies for an extra three years - 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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 "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\/2019\/5\/4.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":572033,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/06\/09\/egypt-what-to-expect-with-the-electricity-price-hikes-coming-in-july\/","url_meta":{"origin":646263,"position":1},"title":"Egypt: What to expect with the electricity price hikes coming in July","author":"enterpriseam admin","date":"9 June 2020","format":false,"excerpt":"What to expect from the electricity price hikes to be announced today: Electricity Minister Mohamed Shaker has floated two different proposals to the Egyptian Electric Utility and Consumer Protection Agency\u2019s (Egyptera) board of directors for a hike in electricity prices expected to take effect on 1 July, the local press\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\/2020\/6\/94.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546055,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/26\/electricity-subsidies-live-on\/","url_meta":{"origin":646263,"position":2},"title":"Electricity subsidies live on","author":"enterpriseam admin","date":"26 April 2022","format":false,"excerpt":"SETTING THE RECORD STRAIGHT - Electricity subsidies haven\u2019t been phased out. Electricity is and will continue to be subsidized by the state until the planned phase-out in 2025, Electricity Minister Mohamed Shaker was quoted as saying by Al Borsa yesterday. His comments came after Bloomberg Asharq reported that the government\u2026","rel":"","context":"In "Energy"","block_context":{"text":"Energy","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/energy\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/358.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":568985,"url":"https:\/\/enterpriseam.com\/egypt\/2020\/02\/10\/shaker-unmoved-by-calls-to-cut-electricity-prices-for-egyptian-industry\/","url_meta":{"origin":646263,"position":3},"title":"Shaker unmoved by calls to cut electricity prices for Egyptian industry","author":"enterpriseam admin","date":"10 February 2020","format":false,"excerpt":"Shaker unmoved by calls to cut electricity prices for industry: Electricity Minister Mohamed Shaker rejected several proposals at a meeting with the House Industrial Committee on Sunday to slash electricity prices for factories, Ahram Online reports. 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A government official told us earlier this month that the state spending on subsidies is going\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":598291,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/05\/21\/egypts-industry-could-catch-a-break-from-high-electricity-prices-govt-to-announce-new-rates-in-days\/","url_meta":{"origin":646263,"position":5},"title":"Egypt\u2019s industry could catch a break from high electricity prices, gov\u2019t to announce new rates \u201cin days\u201d","author":"enterpriseam admin","date":"21 May 2019","format":false,"excerpt":"Manufacturers could catch a break as gov\u2019t looks set to announce new electricity prices for industry today: Industrial producers could see their electricity bills fall in the state\u2019s new fiscal year, which starts in July, government sources told the domestic press. 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