subsidies

Finance Minister Youssef Boutros-Ghali said his ministry has managed to update the legislative system that governs the Egypt’s fiscal policies…

A Finance Ministry report issued Tuesday on the state budget account from July 2009 to May 2010 revealed a 6.3-percent…

The industrial energy pricing committee will meet today to decide on the percentage increase in the prices of natural gas…

Investment Minister Mahmoud Mohieddin said on Thursday that he is against subsidizing energy."The rich consume more energy, and they should…

There is almost a consensus that the existing subsidies system in Egypt is dysfunctional.The Minister of Economic Development has recently…

The government has increased allocations to social services in the new fiscal year to LE213.2 billion, Minister of Finance Youssef…

Egypt will spend an additional 32 billion Egyptian pounds on subsidies in 2010/11, but the increase will not affect the…

The Egyptian government will postpone its plan to restructure subsidies for principle commodities due to the Ministry of Finance's refusal…

A ruling party official warned against increasing subsidies for petroleum products because of the repercussions for the state budget deficit.…