subsidy cuts

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…
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…
Egypt plans to end fuel subsidies within three years
Business

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

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

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

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

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,…
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