Egypt: when is a subsidy not a subsidy?

Energy subsidies are without doubt one of the main problems of Egypt`s ailing economy. Officially accounting for 20 percent of Egypt’s budget, the government has proposed a long list of subsidy reforms (the latest being a smart card reform) as it struggles along to pay its bills – or not at all with the Egyptian more »

Category: Africa, Blogs, Egypt, Subsidies · Tags: