Abdel Qader Ramadan

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Government plans ‘donor countries’ conference before year’s end

The Ministry of Planning has announced intentions to hold a conference for “donor countries” to Egypt before the end of the year and following the completion of parliamentary elections. Nihal Al-Megharbel, adviser to the Minister of Planning Ashraf El-Araby, made the remarks Monday on the sidelines of a conference to sign agreements for funding slum …

Abdel Qader Ramadan

Distribution of subsidies on petroleum products in the new budget

A financial statement from the new general budget for the fiscal year (FY) 2014/2015 states that diesel fuel makes up 44.8% of the total value subsidies on all petroleum products. It also noted that petrol accounts for 20.1%, butane 19.1%, and diesel fuel 16%, and kerosene 0.1%. No allocations have been made for gas. These …

Abdel Qader Ramadan

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