Africa  

    Egypt increases electricity prices by 26 pct in FY 2018-19

    Source: Xinhua   2018-06-12 21:50:01

    CAIRO, June 12 (Xinhua) -- Egypt on Tuesday raised electricity prices by an average of 26 percent in the 2018-19 fiscal year, Electricity Minister Mohamed Shaker said.

    Fiscal year in Egypt starts on July 1 and ends on June 30 the next year.

    The ministry also announced new cuts on electricity subsidies, as Shaker was reading in a televised press conference.

    Shaker added that the subsidy in the electricity sector reached 47 billion Egyptian pounds (2.6 billion U.S. dollars).

    He added that electricity costs for factories would rise about 41.8 percent and 20.9 percent for households.

    Egypt has started in 2016 a three-year economic reform program including austerity measures, fuel subsidy cuts and tax increase.

    The program is encouraged by an 12-billion-dollar loan from International Monetary Fund (IMF).

    Shaker added his ministry is working on diversifying the resources for generating electricity of nuclear and renewable energies to cover 30 percent of the country's needs.

    Editor: Li Xia
    Related News
    Home >> Africa            
    Xinhuanet

    Egypt increases electricity prices by 26 pct in FY 2018-19

    Source: Xinhua 2018-06-12 21:50:01

    CAIRO, June 12 (Xinhua) -- Egypt on Tuesday raised electricity prices by an average of 26 percent in the 2018-19 fiscal year, Electricity Minister Mohamed Shaker said.

    Fiscal year in Egypt starts on July 1 and ends on June 30 the next year.

    The ministry also announced new cuts on electricity subsidies, as Shaker was reading in a televised press conference.

    Shaker added that the subsidy in the electricity sector reached 47 billion Egyptian pounds (2.6 billion U.S. dollars).

    He added that electricity costs for factories would rise about 41.8 percent and 20.9 percent for households.

    Egypt has started in 2016 a three-year economic reform program including austerity measures, fuel subsidy cuts and tax increase.

    The program is encouraged by an 12-billion-dollar loan from International Monetary Fund (IMF).

    Shaker added his ministry is working on diversifying the resources for generating electricity of nuclear and renewable energies to cover 30 percent of the country's needs.

    [Editor: huaxia]
    010020070750000000000000011100001372494211
    主站蜘蛛池模板: 高清欧美一区二区免费影视| 中国黄色一级大片| 狠狠躁夜夜躁av网站中文字幕| 国产成人精品高清在线观看99 | 国产成人久久精品| 99久久精品日本一区二区免费 | 好男人好资源在线| 久久大香伊焦在人线免费| 欧美电影《轻佻寡妇》| 农村乱人伦一区二区| 韩国一级免费视频| 国产精品免费大片| a级毛片高清免费视频在线播放| 无码国产乱人伦偷精品视频| 亚洲a视频在线观看| 永久久久免费浮力影院| 再深点灬舒服了灬太大| 超级香蕉97在线观看视频| 国产男人的天堂| 91香蕉视频黄色| 婷婷开心深爱五月天播播| 久久中文字幕无码专区| 最色网在线观看| 亚洲春黄在线观看| 真实的国产乱xxxx在线播放| 国产AV无码专区亚洲AV| 黄色a级片电影| 国产精品区一区二区三| 99网站在线观看| 少妇高潮惨叫喷水在线观看| 久久久国产乱子伦精品| 欧美中日韩免费观看网站| 亚洲色国产欧美日韩| 精品国产免费人成网站| 国产久视频观看| 国产91精品在线| 国产精品国产福利国产秒拍| 99精品偷自拍| 小说区亚洲自拍另类| 中文字幕成人免费高清在线| 日本精品3d动漫一区二区|