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Egypt
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Society
2/25/2025 3:29:49 PM
Minister of Supply and Internal Trade Sherif Farouk stated that the government will not shift from the current subsidy system, which allows citizens to buy key food staples (rice, pasta, cooking oil, etc.) via subsidy ration cards at lower-than-market prices, to cash subsidies without public consent.
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Al-Ahram Weekly
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Economy
10/15/2024 10:04:53 PM
Doaa A.Moneim sounds out experts on the pros and cons of moving to a cash subsidy system
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Egypt
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Politics
10/1/2024 10:53:28 AM
The National Dialogue's Board of Trustees will hold an emergency session on Saturday to announce its measures to support Egypt's firm stance amid the rising regional tensions.
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Egypt
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Society
9/26/2024 6:48:59 PM
The National Dialogue Board of Trustees announced on Thursday that it will begin soon preparations to discuss the country's in-kind subsidy programme, which provides citizens with subsidies through ration cards.
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Egypt
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Politics
8/7/2024 11:39:51 AM
Representatives of the national dialogue held a small meeting on Tuesday to lay the groundwork for discussions on the reforms related to the subsidy program in Egypt.
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Al-Ahram Weekly
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Economy
8/6/2024 11:18:53 PM
The government is considering radical changes to the subsidy system to narrow the budget deficit and streamline public finances
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World
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International
6/13/2024 5:39:38 PM
The European Union said this week it would slap additional tariffs of up to 38 percent on Chinese electric cars from next month after an anti-subsidy probe.
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Business
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Economy
6/12/2024 2:24:51 PM
The European Union threatened on Wednesday to hit Chinese electric car imports with additional tariffs of up to 38 percent from next month following an anti-subsidy probe, a move that risks triggering a trade war.
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Egypt
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Urban & Transport
5/29/2024 2:13:47 PM
Egypt is implementing a plan to gradually lift fuel subsidies until the end of 2025, government spokesperson Mohamed El-Homossani stated on Tuesday.
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Al-Ahram Weekly
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Egypt
1/9/2024 9:37:12 PM
The government started off the year by announcing a new strategy and a set of subsidy reductions, reports Niveen Wahish
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Egypt
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Politics
1/3/2024 11:04:24 PM
Prime Minister Mostafa Madbouly said during a press conference on Wednesday that the government’s subsidy rationalization programme aims to benefit the average Egyptian and mitigate budgetary burdens
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World
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Africa
10/1/2023 3:11:53 PM
Nigeria's President Bola Ahmed Tinubu on Sunday proposed a temporary minimum wage hike and more cheap gas-powered public transport among other measures to help offset the impact of his economic reforms as labour unions threatened a national strike.
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World
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Africa
9/26/2023 9:34:28 PM
Nigeria's major unions on Tuesday called for a national strike next week in protest at the government's response to tackling the rising cost of living.
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Business
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Economy
9/13/2023 7:44:04 PM
The cost of annual food subsidies in Egypt has reached EGP 127.7 billion ($4.13 billion) for the fiscal year (FY) 2023/2024, said Minister of Supply and Internal Trade Ali Moselhi, according to a statement on Wednesday.
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Al-Ahram Weekly
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Egypt
9/7/2023 9:15:00 AM
Experts explain the reasons behind rumours that rice has been excluded from Egypt’s subsidy system.
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World
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Africa
8/2/2023 5:13:17 PM
Hundreds of Nigerian workers across various sectors were on strike Wednesday over the rising cost of living following the removal of subsidy on petrol.
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World
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Africa
6/12/2023 1:20:17 PM
Nigeria's new president Bola Tinubu on Monday urged Nigerians to accept more sacrifice in return for later investments after his government ended a long-standing fuel subsidy in a measure that has spiked petrol, transport and food prices.
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World
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Africa
5/31/2023 7:57:41 PM
The price of petrol in Nigeria tripled at government-run stations on Wednesday, two days after newly-elected President Bola Tinubu announced he would scrap fuel subsidies in his first move after taking office.
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Business
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Economy
4/23/2023 8:43:27 PM
President Abdel-Fattah El-Sisi has ordered an almost 50 percent increase in appropriations for various subsidy and social protection programs in the budget for FY2023/2024 in order "to ease the burden on citizens during the global inflation wave."
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Business
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Economy
1/18/2023 10:50:00 PM
Egypt's Prime Minister Mostafa Madbouly said the cost of wheat subsidies will reach EGP 95 billion by the end of the year, up from EGP 38 billion.
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