{"id":648042,"date":"2017-05-25T04:13:47","date_gmt":"2017-05-25T04:13:47","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/parliament-questions-math-on-fuel-subsidies-allocations\/"},"modified":"2017-05-25T04:13:47","modified_gmt":"2017-05-25T04:13:47","slug":"parliament-questions-math-on-fuel-subsidies-allocations","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/parliament-questions-math-on-fuel-subsidies-allocations\/","title":{"rendered":"Parliament questions math on fuel subsidies allocations"},"content":{"rendered":"

The House of Representatives\u2019 Budget Committee seems to think that the EGP 110 bn the state earmarked for fuel subsidies in the FY2017-18 budget is too high considering the announced rate of fuel subsidy cuts, Al Mal says.<\/a> MPs on Wednesday asked Finance Minister Amr El Garhy to provide them with a breakdown for the fuel subsidy bill to explain the amount. El Garhy said the allocation came from the Oil Ministry and that its officials need to be questioned on the particulars.<\/p>\n","protected":false},"excerpt":{"rendered":"

The House of Representatives\u2019 Budget Committee seems to think that the EGP 110 bn the state earmarked for fuel subsidies in the FY2017-18 budget is too high considering the announced rate of fuel subsidy cuts, Al Mal says. MPs on Wednesday asked Finance Minister Amr El Garhy to provide them with a breakdown for the […]<\/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":[9346],"tags":[2376,72],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-648042","post","type-post","status-publish","format-standard","hentry","category-egypt-politics-economics","tag-egypt-politics-economics","tag-enterpriseam","wpautop","entry"],"acf":{"mongo_id":"9decf6b3-3c83-4e9b-bb57-027c9c15cebe","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[648002],"teaser":"","voice_url":""},"yoast_head":"\nParliament questions math on fuel subsidies allocations - 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\/05\/25\/parliament-questions-math-on-fuel-subsidies-allocations\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Parliament questions math on fuel subsidies allocations\" \/>\n<meta property=\"og:description\" content=\"The House of Representatives\u2019 Budget Committee seems to think that the EGP 110 bn the state earmarked for fuel subsidies in the FY2017-18 budget is too high considering the announced rate of fuel subsidy cuts, Al Mal says. MPs on Wednesday asked Finance Minister Amr El Garhy to provide them with a breakdown for the […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/parliament-questions-math-on-fuel-subsidies-allocations\/\" \/>\n<meta property=\"og:site_name\" content=\"EnterpriseAM Egypt\" \/>\n<meta property=\"article:published_time\" content=\"2017-05-25T04:13:47+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<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/parliament-questions-math-on-fuel-subsidies-allocations\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/parliament-questions-math-on-fuel-subsidies-allocations\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Parliament questions math on fuel subsidies allocations\",\"datePublished\":\"2017-05-25T04:13:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/parliament-questions-math-on-fuel-subsidies-allocations\/\"},\"wordCount\":90,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/egypt\/#organization\"},\"keywords\":[\"Egypt Politics + Economics\",\"EnterpriseAM\"],\"articleSection\":[\"Egypt Politics + Economics\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/parliament-questions-math-on-fuel-subsidies-allocations\/\",\"url\":\"https:\/\/enterpriseam.com\/egypt\/2017\/05\/25\/parliament-questions-math-on-fuel-subsidies-allocations\/\",\"name\":\"Parliament questions math on fuel subsidies allocations - 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The FY2019-2020 state budget had allocated EGP 89 bn for commodity subsidies. Supply Minister Ali El Moselhy had delayed registering newborns to September from June, likely as\u2026","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":637932,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/11\/29\/is-the-government-going-to-revise-fuel-subsidy-cuts-for-fy2017-18\/","url_meta":{"origin":648042,"position":1},"title":"Is the government going to revise fuel subsidy cuts for FY2017-18?","author":"enterpriseam admin","date":"29 November 2017","format":false,"excerpt":"Is the government going to revisit its calculations on fuel subsidy cuts for FY2017-18? The Finance Ministry will review the impact of higher crude prices on Egypt\u2019s fuel subsidy bill for FY2017-18, said El Garhy at the press conference, according to Al Mal. It is yet unclear whether the 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":640830,"url":"https:\/\/enterpriseam.com\/egypt\/2017\/09\/05\/mps-looking-to-criminalize-fraudulently-receiving-subsidies\/","url_meta":{"origin":648042,"position":2},"title":"MPs looking to criminalize fraudulently receiving subsidies","author":"enterpriseam admin","date":"5 September 2017","format":false,"excerpt":"The House of Representatives will look into drafting legislation to criminalize subsidy fraud during its third session once it receives the updated database of subsidy recipients from the Military Production Ministry, Budget Committee member Yasser Omar said, Al Borsa reports. According to committee members, the laws that currently govern the\u2026","rel":"","context":"In "Egypt Politics + Economics"","block_context":{"text":"Egypt Politics + Economics","link":"https:\/\/enterpriseam.com\/egypt\/category\/egypt-politics-economics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/internal\/536550.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":632346,"url":"https:\/\/enterpriseam.com\/egypt\/2018\/02\/08\/fuel-subsidies-expenditure-up-34-y-o-y\/","url_meta":{"origin":648042,"position":3},"title":"Fuel subsidies expenditure up 34% y-o-y","author":"enterpriseam admin","date":"8 February 2018","format":false,"excerpt":"Fuel subsidy costs are up 34% y-o-y in 1H2017-18, Oil Minister Tarek El Molla told Reuters. The cost has gone up to EGP 51 bn from EGP 38 bn, but El Molla notes that the spent amount remains EGP 4 bn below budgeted. In total, the government expects to spend\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":591840,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/18\/govt-to-beat-fuel-subsidy-spending-targets-in-2q-govt-source\/","url_meta":{"origin":648042,"position":4},"title":"Gov\u2019t to beat fuel subsidy spending targets in 2Q - gov\u2019t source","author":"enterpriseam admin","date":"18 December 2019","format":false,"excerpt":"BUDGET WATCH- Gov\u2019t to beat fuel subsidy spending targets in 2Q -gov\u2019t source: The government will not spend more than EGP 10 bn on fuel subsidies in 2Q2019-2020, beating the EGP 13.23 bn quarterly allocations included in the state budget, an unnamed government source told Al Mal. Fuel subsidies spending\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":591526,"url":"https:\/\/enterpriseam.com\/egypt\/2019\/12\/09\/egypts-fuel-subsidy-spending-falls-69-y-o-y-in-1q2019-2020\/","url_meta":{"origin":648042,"position":5},"title":"Egypt\u2019s fuel subsidy spending falls 69% y-o-y in 1Q2019-2020","author":"enterpriseam admin","date":"9 December 2019","format":false,"excerpt":"BUDGET WATCH- Fuel subsidy spending plunges in 1Q2019-2020: Government spending on fuel subsidies fell 69% y-o-y in 1Q2019-2020 to EGP 7.25 bn from EGP 23.25 bn in 1Q2018-2019, Oil Minister Tarek El Molla said yesterday, according to Reuters. 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