KM Financial Solutions | Egypt cuts electricity subsidies, raises prices by avg of 26 pct for FY 2018-19 -minister
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Egypt cuts electricity subsidies, raises prices by avg of 26 pct for FY 2018-19 -minister

Egypt cuts electricity subsidies, raises prices by avg of 26 pct for FY 2018-19 -minister

CAIRO, June 12 (Reuters) – Egypt on Tuesday announced new
cuts to its electricity subsidies, raising prices by an average
of 26 percent in the 2018-2019 fiscal year beginning July,
Electricity Minister Mohamed Shaker said on Tuesday.

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