links

 
 
 
 
 
 
 
news
 

Egypt's government plans gas subsidy coupons by winter

Egypt expects to start distributing coupons for subsidised cooking gas by the start of the winter season as the government tries to lower subsidy costs that consume up to quarter of its budget.

Local Development Minister Ahmed Zaki Abdeen said the government had been printing coupons for the subsidised gas that would be issued to those who need them until a longer-term system of smart cards is introduced.

The government had previously targeted mid-October for the introduction of gas coupons, the first stage in a broader reform of energy subsidies. Egyptian winter begins in December, but the minister did not give a precise date.

 

Source: Ahram Online

19.10.2012
  • Fade2
    1
    German-Arab Chamber of Industry and Commerce
  • Fade3
    2
    British Egyptian Business Association
  • Fade3
    3
    French Chamber of Commerce in Egypt
  • Fade3
    4
    Delegation of the European Union to Egypt
  • Fade3
    5
    Italian Chamber of Commerce in Egypt
Partners