https://en.sputniknews.africa/20230818/egypt-postpones-raising-energy-prices-until-january-2024-1061419675.html
Egypt Postpones Raising Energy Prices Until January 2024
Egypt Postpones Raising Energy Prices Until January 2024
Sputnik Africa
CAIRO (Sputnik) - The Egyptian authorities have postponed a previously planned increase in energy prices until January 2024, the country's cabinet of ministers... 18.08.2023, Sputnik Africa
2023-08-18T09:25+0200
2023-08-18T09:25+0200
2023-08-18T09:25+0200
egypt
cairo
electricity
energy
north africa
maghreb
economy
prices
https://cdn1.img.sputniknews.africa/img/07e7/08/12/1061419506_0:160:3072:1888_1920x0_80_0_0_b23a77a9bc6e1f0914ad1a564d869fac.jpg
The Egyptian cabinet of ministers approved the decision of Minister of Electricity and Renewable Energy Mohamed Shaker to fix the selling prices of electricity currently in effect and postpone the implementation of the planned increase in the approved electricity selling price tariff for another six months until January 2024. The decision was made to ensure the social protection of citizens in light of the current economic situation, the cabinet added.Several governorates of Egypt and the Greater Cairo Region experienced power outages in the second half of July. Egyptian Prime Minister Mostafa Madbouly then said that the reduction in the electricity load was caused by a severe heatwave and an increase in energy consumption. Later, the Egyptian authorities developed a plan aimed at rationalizing energy consumption.
egypt
cairo
north africa
maghreb
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
2023
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
News
en_EN
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rosiya Segodnya“
egypt, cairo, electricity, energy, north africa, maghreb , economy, prices
egypt, cairo, electricity, energy, north africa, maghreb , economy, prices
Egypt Postpones Raising Energy Prices Until January 2024
CAIRO (Sputnik) - The Egyptian authorities have postponed a previously planned increase in energy prices until January 2024, the country's cabinet of ministers said Thursday.
The
Egyptian cabinet of ministers approved the decision of Minister of Electricity and Renewable Energy Mohamed Shaker to fix the selling prices of electricity currently in effect and postpone the implementation of the planned increase in the approved electricity selling price tariff for another six months until January 2024.
The decision was made to ensure the social protection of citizens in light of the current economic situation, the cabinet added.
Several governorates of Egypt and the Greater Cairo Region experienced
power outages in the second half of July. Egyptian Prime Minister Mostafa Madbouly then said that the reduction in the electricity load was caused by a severe heatwave and an increase in energy consumption.
Later, the Egyptian authorities developed a plan aimed at rationalizing energy consumption.
