Tag: Fuel subsidy

Fuel subsidy cut to hike prices by 20-30%: economic experts

The price of a litre of octane petrol 92 increased to EGP…

Nehal Samir Nehal Samir

Egypt’s fuel subsidy reform is credit positive, reducing fuel subsidy bill to 1.7% of GDP in 2019: Moody’s

Subsidy reform adjustment led to declining purchasing power, yet a brightening economic…

Mohamed Samir Mohamed Samir

Fuel subsidy bill this fiscal year will exceed EGP 110bn: El Molla

We cannot continue subsidising fuel this way, says Minister of Petroleum 

Mohamed Adel Mohamed Adel

Fuel subsidy cost to increase to EGP 64bn following pound’s flotation: Petroleum Minister

The cost of the petroleum product subsidies will increase to EGP 64bn…

Mohamed Ayyad Mohamed Ayyad