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a birds eye view of a city in Egypt with a beautiful yellow sunset.

Energy Subsidies in Egypt

The GSI’s projects in Egypt have focused on the reform of fossil-fuel subsidies fuel consumers.

Research

Objectives
  • Reduce overall fossil fuel subsidy expenditure
  • Improve the fair social distribution of subsidy expenditure

Blog: Country Update: Assessing Egypt's Energy Subsidy Reforms

In early-July 2014, the Egyptian Government announced sweeping measures to significantly increase most of the energy prices paid by businesses and households. ‘Big bang’ reform of this kind is a bold break from the past: energy prices in Egypt have changed little over several decades. According to the government, the reforms represent a decisive first step in reducing the burden of energy subsidies on Egypt’s public finances.

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News: Egypt to phase out energy subsidies to energy intensive industries

The Egyptian government has announced that it intends to cut gas and electricity subsidies to some 40 companies in energy intensive industries over the next three years.   The Egyptian Ministry of Trade and Industry estimates that energy intensive industries receive some 75% of subsidies to gas and 61% of subsidies to electricity.

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