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اليوم السابع
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اليوم السابع

2026-11-05T18:03:21.000Z

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Cabinet Sets Energy Cuts

Cabinet Sets Energy Cuts

The Egyptian Cabinet, chaired by Mostafa Madbouly, approved a draft decision to curb spending at government agencies and economic entities during the 2026/2027 fiscal year, initially for three months, with the period subject to extension. The decision requires electricity and lighting consumption to be cut by 20% and fuel allocated to government vehicles by at least 30%, and calls for fuel-intensive national projects to be slowed for at least three months. It also postpones new projects and those recently added to the pipeline, and restricts certain types of spending, while exempting essential sectors and services, including health and national security.

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