Egypt is determined to slash its energy subsidies to reach cost recovery levels by December 2025, as part of its efforts to narrow a significant current account deficit, according to a statement by the International Monetary Fund on Wednesday.
Egypt is determined to slash its energy subsidies to reach cost recovery levels by December 2025, as part of its efforts to narrow a significant current account deficit, according to a statement by the International Monetary Fund on Wednesday.
Administrator
Atul Chaturvedi boasts over 25 years of experience in the media industry, having held positions at esteemed organizations such as Republic TV, Times Network's Mirror Now News Channel, Times of India, Bangalore Mirror, Rajasthan Patrika Hindi newspaper, and Sakal newspaper.