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Egypt's Minister of Electricity Announces the Hikes in Electricity Bills
Source: 6/12/2018

Egypt's Minister of Electricity Mohamed Shaker announced in a press conference new electricity prices for businesses and consumers.

Shaker also presented on the size of the electric power generated by the power stations the government has built and upgraded in the last four years, as well as the government's plans in completing under-construction stations and the development of solar energy plants.

The new hikes are the part of the government's efforts to close budget deficit as part of its economic reforms program.

The new prices will take effect in July.

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