المصري اليوم
Source: المصري اليوم
1 Dayالمصري اليوم
Source: المصري اليوم
1 DayReady to play
Ready to play
Dr. Medhat Nafeh, an economic expert, criticized the decision to increase the prices of residential electricity slabs in Egypt, considering that the government relies solely on raising the prices of basic services and goods due to its inability to offer other economic solutions, in a heavily indebted and weak government. The Ministry of Electricity announced the implementation of a new tariff with an average increase of 12% compared to current rates, excluding the first slab, which remains unchanged. The state continues to cover an estimated support worth 100 billion Egyptian pounds annually to lessen the financial burden on lower-consuming consumers. This indicates that the increase aims to improve the sustainability of the electricity system, while the core issue remains reliant on lifting subsidies and service prices.
Notice: This Is an AI-Generated Summary
Comments (0)