KM Financial Solutions | UPDATE 2-Egypt to cuts electricity subsidies in latest austerity move
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UPDATE 2-Egypt to cuts electricity subsidies in latest austerity move

UPDATE 2-Egypt to cuts electricity subsidies in latest austerity move

CAIRO, June 12 (Reuters) – Egypt announced on Tuesday new
cuts to electricity subsidies, raising prices by an average of
26 percent from July, the latest in a raft of tough economic
reforms.

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