56 Days
Source:
CNN Arabic
Egypt MPs Demand Review of Electricity Price Hikes
The Egyptian government announced a 12% increase on average in electricity tariffs for several domestic consumer tiers, while maintaining the price of the first tier up to 50 kilowatt-hours. The move aims to preserve the stability of the electrical grid and ensure the sustainability of the sector. However, Members of Parliament criticized the timing of the decision, considering it unsuitable given the current economic and social conditions. They emphasized that the increase could lead to higher prices for goods and other services, adding to citizens' burdens—especially since the government continues to support the electricity sector with approximately 100 billion Egyptian pounds annually.
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