Egypt to Cut Energy Subsidies by 20% in 2026/27 Budget

• Saturday, 11th April 2026
• by Doaa Ashraf

Egypt allocated EGP 120 billion ($2.26 billion) for energy subsidies in the upcoming FY2026/2027, down from about EGP 150 billion in the current fiscal year, a roughly 20% cut, Finance Minister Ahmed Kouchouk said in ...

Egypt’s Fuel Subsidies Bill May Reach EGP 100B in 2018/19: Government Source

• Thursday, 4th October 2018
• by Sarah Samir

Egypt’s fuel subsidies bill is expected to reach EGP 100 billion in fiscal year (FY) 2018/19 due to the recent surge in oil prices, a government source told Enterprise. Brent is currently trading at over per bar...