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Egypt to cut fuel subsidies by 43pcEgypt will reduce spending on fuel subsidies by nearly 43 per cent in the 2016/17 budget due mainly to lower global energy costs, officials said on Saturday. Finance Minister Amr al-Garhy told a news conference state energy subsid More… |
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Egypt earmarks $8bn for fuel subsidiesEgypt has earmarked 61 billion Egyptian pounds ($8 billion) for fuel product subsidies in the draft 2015/2016 budget, Tarek El Molla, chairman of state-run Egyptian General Petroleum Corp (EGPC), said in a statement on Saturday. T More… |
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Egypt earmarks $8bn for fuel subsidiesEgypt has earmarked 61 billion Egyptian pounds ($8 billion) for fuel product subsidies in the draft 2015/2016 budget, Tarek El Molla, chairman of state-run Egyptian General Petroleum Corp (EGPC), said in a statement on Saturday. T More… |
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Iran plans to cut fuel subsidies from Sept 23Iran plans to cut rationed subsidised gasoline after the implementation of the country's subsidy reform plan, the official IRNA news agency quoted a senior official as saying on Sunday. Iran said last month it would start cutting gover More… |
