fuel subdsidies

Egypt can’t take on more fuel subsides amid soaring oil prices: minister
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Egypt can’t take on more fuel subsides amid soaring oil prices: minister

Egyptian Finance Minister, Mohamed Maait announced Wednesday that the state’s budget cannot continue to bear the additional burden resulting from…
IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation
Economy

IMF backs Egypt plan to remove fuel subsidies in three years, ease inflation

The International Monetary Fund is encouraged by Egypt’s efforts to remove fuel subsidies within three years and push inflation down…
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