LPG Investors Association: 140M Subsidized LPG Cylinders Go To Non-Eligible Citizens

LPG Investors Association: 140M Subsidized LPG Cylinders Go To Non-Eligible Citizens

The Egyptian government subsidizes non-eligible citizens with over 140 million liquefied petroleum gas (LPG) cylinders each year, said the head of the LPG Investors Association, Mohamed Saad El Din, according to Amwal Al Ghad.

The government subsidizes a total of 360 million LPG cylinders per year. Each cylinder costs EGP 90 and the government subsidizes just over a third (EGP 32.5) of the cost.

Saad El Din argued that the government should adopt a more scientific approach to subsidy distribution. He suggested that every citizen should pay the full cost for a cylinder and the government would then provide the subsidy in the form of cash through ration cards.

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Sarah Samir 3515 Posts

Sarah has been writing in the oil and gas field for 8 years. She has a Bachelor Degree in English Literature. She has three years of experience in the banking sector.

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