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" subsidy"

215 results

World - 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.

Business - 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.

Egypt - 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.

Al-Ahram Weekly - 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

Egypt - 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

World - 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.

World - 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.

Business - 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.

Al-Ahram Weekly - Egypt
9/7/2023 9:15:00 AM
Experts explain the reasons behind rumours that rice has been excluded from Egypt’s subsidy system.

World - 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.

World - 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.

World - 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.

Business - 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."

Business - 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.

Egypt - Society
12/19/2022 5:40:42 PM
Egypt's Ministry of Supply and Internal Trade announced that more than 153,000 subsidy ration cards were revoked this year under the country's new conditions for subsidy eligibility.

Egypt - Politics
10/10/2022 5:36:32 PM
Minister of Supply Ali Moselhy called on MPs to help the government reform the bread subsidy programme in order to cut wheat imports and reduce pressure on the state budget and foreign exchange reserves.

World - Region
6/19/2022 9:47:30 AM
Outside his butchery in the south of Iran's capital, Ali cuts up a sheep carcass for customers who, like him, have seen inflation and subsidy reform devour their purchasing power.

Al-Ahram Weekly - Egypt
2/25/2022 9:48:00 PM
The cabinet is seeking to rationalise the bread subsidy system, halt infringements on agricultural land, and reform rental laws.

Egypt - Society
12/23/2021 11:24:59 PM
Prime Minister Mostafa Madbouly announced on Thursday that the government is not only currently revising the ration cards system, but also the entire subsidies system.

Egypt - Society
12/22/2021 2:20:31 PM
President Abdel-Fattah El-Sisi directed the government on Wednesday to stop issuing new subsidy ration cards and limit the number of beneficiaries to two family members per card in order to use savings towards long overdue development projects.

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