Fuel Subsidy Bill Drops by 19.1% in FY 2018/19

• Thursday, 18th April 2019
• by Sarah Samir

Egypt’s fuel subsidy bill dropped by 19.1% to reach EGP 89.075 million in fiscal year FY 2018/19, compared to EGP 110.148 million in FY 2017/18, Egypt’s Financial Statement for FY 2018/19 revealed, Egypt Oil & Gas...

Egypt to Lift Power Subsides by 2019

• Monday, 10th October 2016
• by Sarah Samir

Sources with the Egyptian government stated that no budget was allocated for electricity subsidies in Egypt starting from fiscal year 2018/2019. The country will not earmark the EGP 9b planned by the Ministry of Elect...