Q&A: How to save LE8 bn without raising subsidized bread prices
"This problem must be resolved within a framework of social justice"
"This problem must be resolved within a framework of social justice"
The government appears to be tight-lipped about any potential changes to the subsidy system for now
The report shows that 32.5% of Egyptians live in poverty, marking the biggest increase since 2000.
The price of liquified petroleum gas cylinders has increased sevenfold since 2014
The government will raise natural gas prices for industrial use in Egypt in the coming weeks by around US$1-2 per million British…
The Egyptian government plans to cut spending on fuel subsidies by more than 51 percent, a Cabinet statement on the draft budget…
Export councils are seeking a meeting with Prime Minister Mostafa Madbuly within the next two weeks to push against the implementation of…
The Supply Ministry is set to increase the financial support it allocates to bakeries producing subsidized bread starting in the new fiscal…
Despite staggering price increases in recent months captured by historic inflation rates in February, the Fuel Automatic Pricing Committee announced early this…
The price hikes will affect transportation, food, telecom services and electricity.
«Hany Qadry, the current finance minister in Prime Minister Ibrahim Mehleb’s Cabinet, might be an unfamiliar name to most Egyptians. But those interested in fiscal policy…»
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