Medbouly: No load reduction announced
Prime Minister Mustafa Madbouly's statements focused on clarifying that the government has not announced any plans to reduce electricity loads for a duration of 6 to 8 hours daily, despite such information circulating on social media. He explained that his remarks were made in the context of presenting scenarios to address the global increase in energy prices. These options include raising prices for consumers, the government bearing the financial difference, or reducing fuel consumption—all without any official announcement of implementing these measures. He also emphasized that the government is covering part of the costs to prevent additional burdens on citizens. Additionally, he clarified that reports about cutting electricity or halving fuel supplies are incorrect and aimed at explaining the possible options in coping with the international economic crisis and the impact of rising oil prices, which currently exceed $110 per barrel, on the general budget.
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