Egypt hikes electricity prices for households by up to 50 percent, sources say

Reuters
A general view shows vehicles and people walking through dark roads as power cuts to reduce energy consumption are executed by the Egyptian government during the current brutal heat wave, in Cairo, Egypt August 3, 2023. (REUTERS)
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CAIRO: Egypt increased electricity prices for households by up to 50 percent, two government sources said on Monday, as the country gradually phases out subsidies as part of an agreement with the International Monetary Fund (IMF).
 

 

Topics: Egypt electricity