The Egyptian Finance allocates 4 billion pounds to support electricity during 2019/2020Visits : 193

The Egyptian Finance allocates 4 billion pounds to support electricity during 2019/2020

The Egyptian Ministry of Finance said that allocations for electricity subsidies in the budget for the current fiscal year 2019-2020 amount to 4 billion pounds.

And the ministry said in a statement issued today, Thursday, that this amount will be settled with the Ministry of Electricity and Energy in the last quarter of the current fiscal year, in light of the actual consumption of the categories benefiting from the segments due for support during the fiscal year.