UPDATE 2-Egypt to cuts electricity subsidies in latest austerity move
11 Jun UPDATE 2-Egypt to cuts electricity subsidies in latest austerity move
Posted at 14:07h
in
News
by KMFSLLP
CAIRO, June 12 (Reuters) – Egypt announced on Tuesday new
cuts to electricity subsidies, raising prices by an average of
26 percent from July, the latest in a raft of tough economic
reforms.
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