78 Days
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بوابة الشروق
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Mustafa Bakri Hopes No Electricity Price Rise
Member of Parliament Mustafa Bakri confirmed that the government is steadfast in continuing the smart meter system for electricity, which includes about 6.5 million subscribers, despite the current crisis. He forecasted that there will be no new increases in electricity or gasoline prices at the start of the new fiscal year, expressing hope that prices will return to their previous levels. He also pointed out that a report suggested raising pensions by 13%, but President Abdel Fattah El Sisi decided to increase it to 15%, at an annual cost of 70 billion Egyptian pounds, in order to support retirees.
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