subsidy cuts
Egypt is planning new cuts to energy subsidies, says Finance Minister
Business
January 16, 2017
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…
Cabinet to order more fuel-subsidy cuts as part of IMF plan: official
Egypt
October 19, 2016
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…
Egypt plans to end fuel subsidies within three years
Business
August 23, 2016
Egypt plans to end fuel subsidies within three years
Egypt plans to end fuel subsidies within three years and is aiming to increase fuel prices to 65 percent of…
Minister: Egypt plans cash benefits in early 2015 to offset subsidy cuts
Egypt
October 21, 2014
Minister: Egypt plans cash benefits in early 2015 to offset subsidy cuts
Egypt will introduce two new cash benefits early next year as part of government efforts to minimize the impact of…
Cabinet sources: Plan to cut subsidies delayed upon security authorities recommendations
Business
June 8, 2014
Cabinet sources: Plan to cut subsidies delayed upon security authorities recommendations
The government has delayed raising the prices of fuel for further study and in order to choose the right timing…
Payments figures add to pressure for IMF deal
Business
March 15, 2013
Payments figures add to pressure for IMF deal
The country's current account deficit narrowed in July-December, data showed on Thursday, but economists said it remained a major problem…
IMF mission due in Cairo Sunday to discuss economic reforms
Business
March 14, 2013
IMF mission due in Cairo Sunday to discuss economic reforms
An International Monetary Fund delegation is due to arrive in Cairo on Sunday to renew discussions regarding economic reforms,…