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Experts: Middle Class Hit Hard by Electricity Rise
The 12% increase in electricity prices for the residential sector has heightened economic pressures on Egyptian households, especially the middle class, which are bearing additional burdens amid rising inflation and declining purchasing power. This increase places a greater strain on households' budgets that already face costs for education, health, and housing—especially as some households are exiting the government subsidy system, further exacerbating their financial difficulties. Experts criticize these increases as disproportionate to the wage hikes and emphasize that their impact goes beyond the utility bill, affecting consumption levels and social stability. They call for a review of energy management policies and a balance between financial reforms and citizen support.
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