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CNN Arabic
Source: CNN Arabic
10 HrsCNN Arabic
Source: CNN Arabic
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Egypt’s Cabinet has approved a draft resolution to rationalize spending and electricity consumption across government entities and economic authorities for three months, in response to the repercussions of the situation in the Middle East. The resolution requires electricity consumption to be reduced by 20% and fuel use by government vehicles by at least 30%. It also calls for nonessential spending and fuel-intensive projects to be postponed, and prohibits launching new projects or entering into contracts to purchase cars until June 30, 2027. Health and national security bodies are exempt, along with certain sectors and projects, including education, drinking water and sanitation, and the “Decent Life” initiative.
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