Egyptian Cabinet spokesperson Mohamed al-Hommosany announced that the government has devised a plan to gradually lift electricity subsidies within four years. During a phone interview with the al-Mehwar satellite channel on Tuesday, Hommosany said that the state bears huge burdens for the electricity subsidies. The state has drawn up a plan to gradually lift subsidies on fuel and petroleum products by the end of 2025, he added, indicating that diesel will be outside the plan to remove subsidies. Regarding bread subsidies, Hommosany confirmed that Egypt produces 100 billion subsidized loaves annually, and that “We sell a loaf for only five piasters, meaning that we get five billion pounds fro
Hence then, the article about egypt to lift fuel subsidies within 4 years official was published today ( ) and is available onEGYPT INDEPENDENT ( Egypt ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
Read More Details Finally We wish PressBee provided you with enough information of ( Egypt to lift fuel subsidies within 4 years: Official )