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" Subsidies"
341 results
Business - Economy
6/3/2013 1:46:00 PM
Natural gas exports from Egypt to Jordan are stable at 100 million cubic feet per day, although the contract between the countries stipulates 240 million cubic feet
Business - Economy
5/28/2013 6:04:10 PM
Chairman of state-run General Petroleum Company tells Reuters that Egypt plans to reduce natural gas exports and urge major industries to slow output this summer in hopes of averting potential political unrest
Business - Economy
5/23/2013 3:05:13 PM
In order to reduce state budget deficit to 9.6% of GDP in compliance with IMF loan conditions, govt plans to raise taxes and cut fuel subsidies – both of which are likely to impact Egyptians' daily expenses
Business - Economy
5/21/2013 8:11:36 PM
Reform of subsidised food distribution by a new Brotherhood minister has worried some critics, who worry that the Brotherhood is using the measures to shore up votes
Business - Economy
5/12/2013 8:28:48 PM
Ration cards aimed to cut subsidy spending will be distributed in October, says Finance Minister Fayad Abdel Moneim
Business - Economy
4/24/2013 11:10:42 PM
In exclusive interview with Ahram Online, Egyptian Petroleum Minister Osama Kamal discusses proposed $4.8 billion IMF loan, longstanding plans to cut energy subsidies and fears of summertime power cuts
Business - Economy
4/23/2013 10:09:05 PM
Finance minister says Egypt's 2012/13 budget deficit may reach as much as 12 percent of national GDP, up from previous forecast of 10.7 percent
Business - Economy
4/21/2013 2:02:28 PM
Subsidies and public sector salaries among expense items that could be squeezed in move to secure $4.8 billion IMF loan
Business - Economy
4/19/2013 11:47:00 PM
Egypt plans to present an updated programme to the IMF as it seeks to obtain a $4.8 billion loan after its initial economic plan was deemed 'weak' and 'not rigorous' by the international lender
Business - Economy
4/17/2013 7:22:27 PM
No deal has yet been reached on the planned $4.8 billion IMF loan to Egypt
Business - Economy
4/3/2013 7:07:10 PM
Traders who distribute subsidised butane gas cylinders resume work after shutting their doors in protest at low commission on the price of the cylinders
Business - Economy
3/19/2013 7:24:10 PM
Hundreds of bakers block entrance to Egyptian supply ministry on Tuesday to protest government scheme to reduce flour subsidies and penalise violators
Business - Economy
3/17/2013 8:11:44 PM
Egyptian bakers and bakery owners protest government decision to significantly raise price of flour used to produce subsidised bread
Business - Economy
3/5/2013 6:31:18 PM
Smaller cars will be given an allowance of subsidised petrol, while larger cars will not be eligible
Business - Economy
3/1/2013 2:06:03 PM
The upcoming programme of economic reforms includes cuts to subsidies and increases in taxes on some commodities
Business - Economy
2/27/2013 7:33:50 PM
Egypt's total budget deficit rises to $17.7 bn from July to January of current fiscal year due to subsidies increases and social benefits expenditures
Business - Economy
2/26/2013 9:32:38 PM
The ministry of finance estimates that the new package of reforms, yet to be approved by the Shura Council, could save Egypt LE10-12 billion a year
Business - Economy
2/25/2013 5:27:22 PM
President Morsi introduces novel tax and subsidy reforms, discusses Egypt's short-term economic prospects in televised interview Sunday night
Business - Economy
2/25/2013 2:46:48 PM
Major drop in wheat stocks and in number of ships arriving at Egyptian ports suggest economic crisis is having effect
Business - Economy
2/19/2013 10:45:52 AM
In a bid to reform its extensive subsidies bill, Egypt will implement a smart cards system for subsidized fuel starting July 2013
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