Al-Sisi affirms future accountability
President Abdel Fattah El Sisi emphasized that the state is making significant efforts to develop Egypt's energy sector, which requires massive investments to build power plants and upgrade networks to accommodate new and renewable sources. He explained that the cost of implementing energy projects includes constructing generation plants and transmission and distribution networks, and is influenced by geopolitical fluctuations and global energy prices. Funding often necessitates loans due to the country's limited financial resources. He also noted that the prices of oil and electricity borne by consumers do not reflect the true costs, and highlighted the importance of raising awareness among citizens about the actual expenses to ensure the sustainability of services. Furthermore, he underlined the significance of preparing a conscious public opinion to confront financial challenges in the energy sector.
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