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صدى البلد
صدى البلد
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The spokesperson for the Ministry of Electricity revealed the reasons behind and the developments in electricity prices, explaining that the 12% increases mainly affect the second and third tiers. There is an average incremental increase of 40 Egyptian pounds per bill in the third tier. The government is covering the price gap to support citizens, with the ministry estimating annual subsidies at 103 billion Egyptian pounds. The cost of producing one kilowatt is 8.77 Egyptian pounds, with consumers bearing 30% of the cost for the first tier.
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