Egypt Plans To Restructure Petroleum Subsidies
The Egyptian government is planning to restructure the allocation of petroleum subsidies among various groups in society, Egyptian Minister of Petroleum and Mineral Resources Usama Kamal told al-Shurouk daily of 14 October. Egypt has made the reduction in energy subsidies in the country one of its main 2012-13 budget priorities. The minister noted that although the government had planned to cut the petroleum subsidies in the...
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