• 20:48
  • Monday ,08 August 2016
العربية

Government will announce new electricity prices after removing subsidy

TEST2

Home News

12:08

Monday ,08 August 2016

Government will announce new electricity prices after removing subsidy

 Egyptian Minister of Electricity Mohamed Shaker will hold a press conference Monday at the Ministry headquarters to announce that new electricity prices , Youm7 reported.

 
In July 2015, Egypt has raised electricity prices for mid-to-high household usage by an average of 19 percent, for the second consecutive year as part of a five-year plan to lift electricity subsidies.
 
Egypt’s electricity consumption is much higher than the minimum electricity requirement in low income countries, according to a report issued by the World Bank in September 2015.