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Results for

subsidies

33 Results
  • Sudan hikes flour subsidies by 40 percent to lower bread prices

    Sudan hikes flour subsidies by 40 percent to lower bread prices

    Sudan increased flour subsidies by 40 percent, the Finance Ministry said on Saturday, after the reduction of subsidies this year sent bread prices ...
    Economy
  • Egypt raises electricity prices, cuts subsidies

    Egypt raises electricity prices, cuts subsidies

    Egypt announced on Tuesday new cuts to electricity subsidies, raising prices by an average of 26 percent from July, the latest in a raft of tough ...
    Middle East
  • Egyptian minister says inflation in the country to start easing by December

    Egyptian minister says inflation in the country to start easing by December

    Egypt expects inflation to start easing by November or December, a year after abandoning its currency peg and seeing prices soar as the pound lost ...
    Economy
  • In Egypt, there’s no such thing as a free lunch

    In Egypt, there’s no such thing as a free lunch

    The Egyptian government certainly does not want to face a crisis of shortages of subsidized items
    Middle East
  • Egypt plans to end fuel subsidies ‘within three years’

    Egypt plans to end fuel subsidies ‘within three years’

    Pact with IMF for $12 billion three-year loan program is subject to final approval from Fund’s top panel
    Economy
  • In Egypt, IMF deal brings austerity few can afford

    In Egypt, IMF deal brings austerity few can afford

    Squeezed by economic and political turmoil since the 2011 uprising that toppled Hosni Mubarak, Egyptians are preparing for a new era of austerity
    Economy
  • What Saudis expect from the kingdom’s future vision

    What Saudis expect from the kingdom’s future vision

    The subsidy cuts have hurt the wallets of some, but the wider economic liberalization is embraced by many Saudis
    Saudi Vision 2030
  • Saudi Arabia to limit impact of subsidy cuts, deputy crown prince says

    Saudi Arabia to limit impact of subsidy cuts, deputy crown prince says

    The proposed system being developed by the Saudi government would provide cash to low and middle income Saudis who rely on subsidies
    Economy
  • Russia promises ‘administrative help’ but no energy subsidies

    Russia promises ‘administrative help’ but no energy subsidies

    The Kremlin on Friday said it was preparing an anti-crisis plan after oil prices
    Energy
  • What’s all the beef about Bahrain’s subsidy cuts?

    What’s all the beef about Bahrain’s subsidy cuts?

    Bahrain announced last month its proposal to cut subsidies on red meat to take effect on Oct. 1
    Economy
  • Global energy subsidies to reach $5.3 trillion, KSA 4th

    Global energy subsidies to reach $5.3 trillion, KSA 4th

    New study released figures that are more than double the IMF’s subsidy analysis in 2011
    Energy
  • Qatar Airways submits formal document to U.S. on subsidies row

    Qatar Airways submits formal document to U.S. on subsidies row

    American Airlines, Delta Air Lines and United have accused state-owned Qatar Airways, along with Emirates and Etihad, of receiving unfair government subsidies
    Aviation & Transport
  • Egypt earmarks $8 bln for fuel subsidies in 2015/2016

    Egypt earmarks $8 bln for fuel subsidies in 2015/2016

    The government is trying to reform the decades-old system of subsidies without angering Egypt’s rapidly growing population
    Economy
  • ‘Ugly’ airline row threatens UAE-U.S. govt ties, says business group

    ‘Ugly’ airline row threatens UAE-U.S. govt ties, says business group

    President of U.S.-UAE Business Council said ‘nasty’ subsidy allegations made by American carriers could mar government relations
    Aviation & Transport
  • Iran likely to abolish fuel subsidies, says government adviser

    Iran likely to abolish fuel subsidies, says government adviser

    Government trying to curb subsidies that have put strain on public finances
    Energy
  • Sisi ratifies $500 mln World Bank loan deal

    Sisi ratifies $500 mln World Bank loan deal

    The deal is set to fund Egypt’s national natural gas project and to benefit 1.5 million households
    Business
  • Tunisia to start economic rescue plan, sees 7 pct growth in 5 years

    Tunisia to start economic rescue plan, sees 7 pct growth in 5 years

    Tunisia faces pressure from its creditors to cut public spending and reform politically sensitive subsidies
    Economy
  • U.S. aviation giants split on Gulf carrier subsidy row

    U.S. aviation giants split on Gulf carrier subsidy row

    Delta Air Lines Inc, United and American Airlines have asked the White House to look into the financial statements of competitors from Qatar and the UAE
    Aviation & Transport
  • Syria keeps food, electricity subsidies despite war: PM

    Syria keeps food, electricity subsidies despite war: PM

    Syrian Prime Minister Wael al-Halqi says rice, bread and sugar have cost the state $900 million
    Business
  • Kuwait moves toward cutting diesel, kerosene subsidies in key reform

    Kuwait moves toward cutting diesel, kerosene subsidies in key reform

    Energy subsidies drain billions of dollars from Kuwait’s budget every year
    Energy
  • Yemen restoring fuel subsidy Thursday in face of protests

    Yemen restoring fuel subsidy Thursday in face of protests

    A decision to slash the subsidies in July enraged backers of the Houthi militant group
    Business
  • Army breaks up protests as Yemen raises fuel prices

    Army breaks up protests as Yemen raises fuel prices

    The government spent about $3 billion on energy subsidies last year, nearly a third of state revenue
    Middle East
  • Egypt confuses a war on poverty with a war on the poor

    Egypt confuses a war on poverty with a war on the poor

    Western observers might do better for Egypt by advising how to effectively collect a progressive income tax
    Middle East
  • Minister: Egypt raises electricity prices

    Minister: Egypt raises electricity prices

    Egypt’s electricity minister says as part of a plan to reduce the country’s subsidies, electricity prices began to rise
    Business
  • Arab finance ministers wary of IMF call to end subsidies

    Arab finance ministers wary of IMF call to end subsidies

    Call by Christine Lagarde to phase out subsidy systems worth $237 billion a year gets cautious response
    Economy
  • Iran cuts portion of gasoline subsidies

    Iran cuts portion of gasoline subsidies

    Subsidies have previously kept the cost of gasoline low for consumers in the country
    Energy
  • Moroccans protest pension reform

    Moroccans protest pension reform

    The country is under pressure from international leadesr to cut public spending and subsidies
    Economy
  • Kuwait to keep reviewing subsidies, minister says

    Kuwait to keep reviewing subsidies, minister says

    The government said November it would form a special committee to review its spending on subsidies for goods and services
    Economy
  • Morocco set for $4bn in loans, says World Bank source

    Morocco set for $4bn in loans, says World Bank source

    Morocco gets more money but urged to reform subsidies
    Economy
  • Kuwait said to review $16bn annual subsidies

    Kuwait said to review $16bn annual subsidies

    Kuwait's government plans to form a special committee to review subsidies on goods and services which are costing the Gulf Arab state more than 4.5 ...
    Economy
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