fuel subsidies

Egypt’s parliament confirms reappointment of Amer as central bank governor
Egypt

Egypt’s parliament confirms reappointment of Amer as central bank governor

CAIRO, Nov 28 (Reuters) — Egypt’s parliament approved the appointment of central bank governor Tarek Amer to a second four-year…
Egypt to slash fuel subsidies as it nears end of IMF program
Egypt

Egypt to slash fuel subsidies as it nears end of IMF program

CAIRO (Reuters) – Egypt will remove subsidies on most energy products by June 15, it told the International Monetary Fund…
Govt to completely lift fuel subsidies in 2020: minister
Economy

Govt to completely lift fuel subsidies in 2020: minister

Subsidies on hydrocarbons will be completely canceled by the Egyptian government in 2020, Petroleum Minister Tarek al-Mulla said, adding that…
Govt aims to sell fuel at its cost price: official
Egypt

Govt aims to sell fuel at its cost price: official

Spokesman for the Petroleum Ministry Hamdy Abdel Aziz said that the government aims to increase domestic production of petroleum products…
Govt seeks to lift fuel subsidies: minister
Egypt

Govt seeks to lift fuel subsidies: minister

Minister of Petroleum, Tarek al-Mulla, said at a press conference on Sunday that the government intends to lift fuel subsidies while still…
No alternative to increasing fuel prices
Economy

No alternative to increasing fuel prices

An official source from the Ministry of Petroleum confirmed that there is no alternative to increasing fuel prices, especially since the…
Egypt is planning new cuts to energy subsidies, says Finance Minister
Business

Egypt is planning new cuts to energy subsidies, says Finance Minister

Egypt's Finance Minister Amr al-Garhy said on Sunday the government is studying the application of new cuts to fuel subsidies. The…
More measures for lifting fuel subsidies, Petroleum Minister
Egypt

More measures for lifting fuel subsidies, Petroleum Minister

Egypt's Petroleum Minister Tarek El Molla said that total subsidies for petroleum products reached LE64 billion as a result of…
Cabinet to order more fuel-subsidy cuts as part of IMF plan: official
Egypt

Cabinet to order more fuel-subsidy cuts as part of IMF plan: official

The Cabinet is planning more cuts to fuel subsidies soon, in accordance to an agreement with the International Monetary Fund…
Higher budget deficit might force Egypt to introduce more austerity measures
Egypt

Higher budget deficit might force Egypt to introduce more austerity measures

The Ministry of Finance has submitted different scenarios for the Fiscal Year 2015/16 budget, none of which includes reduced fuel…
Back to top button