state subsidies

Japan to spend around $17 billion to subsidize education: media
World

Japan to spend around $17 billion to subsidize education: media

Japan’s government will set aside around 2 trillion yen ($17.93 billion) to subsidize education costs and improve elderly care as…
Egypt’s finance minister expects first tranche of IMF loan in six weeks
Business

Egypt’s finance minister expects first tranche of IMF loan in six weeks

Egypt expects to receive the first $4 billion tranche of a $12 billion three-year IMF loan facility within six weeks,…
Egypt’s purchases of local wheat reach 4.711 mln tonnes
Business

Egypt’s purchases of local wheat reach 4.711 mln tonnes

Egypt's government has bought 4.711 million tonnes of local wheat since the start of the season on April 15, the…
Minister: Egypt’s commodity subsidies must not undermine economic reform
Business

Minister: Egypt’s commodity subsidies must not undermine economic reform

 Although state subsidies represent a pillar of Egypt’s economic policy, they must be reformed, while commodity subsidies must not be…
Govt denies plan to impose new taxes to cover cost of subsidized goods
Business

Govt denies plan to impose new taxes to cover cost of subsidized goods

The government has no intention of imposing new taxes to cover this year’s anticipated increase in state subsidized goods and…
High-income earners to be excluded from ration-card program
Business

High-income earners to be excluded from ration-card program

The Ministry of Social Solidarity has decided to exclude citizens earning monthly salaries of more than LE1000 from using the…
Minister: Government to introduce cash-or-commodities subsidy system
Business

Minister: Government to introduce cash-or-commodities subsidy system

The government plans to introduce a new system for state subsidies by which citizens can choose between receiving subsidized commodities…
Minister vows to maintain food, petrol subsidies
Business

Minister vows to maintain food, petrol subsidies

State subsidies on food and petroleum products will not be subject to any decreases, Social Solidarity Minister Ali al-Meselhi announced…
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