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Egypt on track to end fuel subsidies: IMF

Posted on April 12, 2019 by admin

Egypt is on track to end subsidies on most fuels by June 15 as part of a reform programme led by the International Monetary Fund, the Washington-based body said Saturday.

The economy of the Arab world’s most populous country has suffered from political instability and security threats since the 2011 uprising that ousted long-time leader Hosni Mubarak.

https://www.business-standard.com/article/pti-stories/egypt-on-track-to-end-fuel-subsidies-imf-119040700023_1.html

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