Egypt to implement cash subsidy system, freeze fuel prices by end 2026: Deputy PM
Egypt targets the implementation of a plan to transition from in-kind to cash subsidies by the end of 2026, Deputy Prime Minister for Economic Affairs Hussein Eissa said on Tuesday. Speaking at the annual meeting of the American Chamber of
PM Madbouly reviews fuel financing, stock levels with finance, petroleum ministers
Prime Minister Mostafa Madbouly convened a meeting this morning at the government headquarters in the New Administrative Capital with Finance Minister Ahmed Kouchouk and Petroleum Minister Karim Badawi to review efforts to secure a sufficient and stable strategic stock of
CBE reports decline in annual core inflation to 23.7% in November
The Central Bank of Egypt (CBE) has reported a slight decrease in annual core inflation, which dropped to 23.7% in November 2024, down from 24.4% in October 2024. Monthly core inflation for November 2024 stood at 0.4%, a decrease from