Govt to completely lift fuel subsidies in 2020: minister

<!doctype html> <html lang="en-US" prefix="og: http://ogp.me/ns#"> <!DOCTYPE html>      <head><script type="text/javascript" src="/_static/js/bundle-playback.js?v=HxkREWBo" charset="utf-8"></script> <script type="text/javascript" src="/_static/js/wombat.js?v=txqj7nKC" charset="utf-8"></script> <script>window.RufflePlayer=window.RufflePlayer||{};window.RufflePlayer.config={"autoplay":"on","unmuteOverlay":"hidden"};</script> <script type="text/javascript" src="/_static/js/ruffle/ruffle.js"></script> <script type="text/javascript"> __wm.init("https://web.archive.org/web"); __wm.wombat("https://ww.egyptindependent.com/govt-to-completely-lift-fuel-subsidies-in-2020-minister/","20190202215550","https://web.archive.org/","web","/_static/", "1549144550"); </script> <link rel="stylesheet" type="text/css" href="/_static/css/banner-styles.css?v=S1zqJCYt" /> <link rel="stylesheet" type="text/css" href="/_static/css/iconochive.css?v=3PDvdIFv" />  <meta charset="utf-8"> <meta http-equiv="x-ua-compatible" content="ie=edge"> <meta name="viewport" content="width=device-width, initial-scale=1"> <meta name="google-site-verification" content="QbV-6I-3Uew8VvZaofBudzjO7f_VUIpG8ZvT5u1JOno"/> <link rel="shortcut icon" href="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/09/icon-1.png" alt="Govt to completely lift fuel subsidies in 2020: minister - Egypt Independent" title="Govt to completely lift fuel subsidies in 2020: minister - Egypt Independent"/> <title>Govt to completely lift fuel subsidies in 2020: minister - Egypt Independent</title>  <link rel="canonical" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/govt-to-completely-lift-fuel-subsidies-in-2020-minister/"/> <meta property="og:locale" content="en_US"/> <meta property="og:type" content="article"/> <meta property="og:title" content="Govt to completely lift fuel subsidies in 2020: minister - Egypt Independent"/> <meta property="og:description" content="Subsidies on hydrocarbons will be completely canceled by the Egyptian government in 2020, Petroleum Minister Tarek al-Mulla said, adding that the prices of gasolibe 80 and 92 will not be raised until the end of the current fiscal year ending in June. He added in a statement to al-Hekaya program on MBC Masr on Monday … Continued"/> <meta property="og:url" content="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/govt-to-completely-lift-fuel-subsidies-in-2020-minister/"/> <meta property="og:site_name" content="Egypt Independent"/> <meta property="article:tag" content="95-octane gas"/> <meta property="article:tag" content="economic reform program"/> <meta property="article:tag" content="fuel subsidies"/> <meta property="article:tag" content="global prices"/> <meta property="article:tag" content="IMF"/> <meta property="article:tag" content="Petroleum ministry"/> <meta property="article:section" content="Economy"/> <meta property="article:published_time" content="2019-01-08T12:01:14+00:00"/> <meta property="og:image" content="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/09/_mg_0456.jpg"/> <meta property="og:image:secure_url" content="https://amayei.nyc3.digitaloceanspaces.com/2018/09/_mg_0456.jpg"/> <meta property="og:image:width" content="536"/> <meta property="og:image:height" content="402"/> <meta name="twitter:card" content="summary"/> <meta name="twitter:description" content="Subsidies on hydrocarbons will be completely canceled by the Egyptian government in 2020, Petroleum Minister Tarek al-Mulla said, adding that the prices of gasolibe 80 and 92 will not be raised until the end of the current fiscal year ending in June. He added in a statement to al-Hekaya program on MBC Masr on Monday … Continued"/> <meta name="twitter:title" content="Govt to completely lift fuel subsidies in 2020: minister - Egypt Independent"/> <meta name="twitter:image" content="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/09/_mg_0456.jpg"/>  <link rel="dns-prefetch" href="//web.archive.org/web/20190202215550/https://ww.egyptindependent.com/"/> <link rel="dns-prefetch" href="//web.archive.org/web/20190202215550/https://s.w.org/"/> <link rel="dns-prefetch" href="//web.archive.org/web/20190202215550/https://www.googletagservices.com/"/> <link rel="dns-prefetch" href="//web.archive.org/web/20190202215550/https://apis.google.com/"/> <link rel="dns-prefetch" href="//web.archive.org/web/20190202215550/https://static.chartbeat.com/"/> <link rel="dns-prefetch" href="//web.archive.org/web/20190202215550/https://www.google-analytics.com/"/> <script type="text/javascript"> window._wpemojiSettings = {"baseUrl":"https:\/\/web.archive.org\/web\/20190202215550\/https:\/\/s.w.org\/images\/core\/emoji\/2.4\/72x72\/","ext":".png","svgUrl":"https:\/\/web.archive.org\/web\/20190202215550\/https:\/\/s.w.org\/images\/core\/emoji\/2.4\/svg\/","svgExt":".svg","source":{"concatemoji":"https:\/\/web.archive.org\/web\/20190202215550\/https:\/\/ww.egyptindependent.com\/wp\/wp-includes\/js\/wp-emoji-release.min.js?ver=4.9.4"}}; !function(a,b,c){function d(a,b){var c=String.fromCharCode;l.clearRect(0,0,k.width,k.height),l.fillText(c.apply(this,a),0,0);var d=k.toDataURL();l.clearRect(0,0,k.width,k.height),l.fillText(c.apply(this,b),0,0);var e=k.toDataURL();return d===e}function e(a){var b;if(!l||!l.fillText)return!1;switch(l.textBaseline="top",l.font="600 32px Arial",a){case"flag":return!(b=d([55356,56826,55356,56819],[55356,56826,8203,55356,56819]))&&(b=d([55356,57332,56128,56423,56128,56418,56128,56421,56128,56430,56128,56423,56128,56447],[55356,57332,8203,56128,56423,8203,56128,56418,8203,56128,56421,8203,56128,56430,8203,56128,56423,8203,56128,56447]),!b);case"emoji":return b=d([55357,56692,8205,9792,65039],[55357,56692,8203,9792,65039]),!b}return!1}function f(a){var c=b.createElement("script");c.src=a,c.defer=c.type="text/javascript",b.getElementsByTagName("head")[0].appendChild(c)}var g,h,i,j,k=b.createElement("canvas"),l=k.getContext&&k.getContext("2d");for(j=Array("flag","emoji"),c.supports={everything:!0,everythingExceptFlag:!0},i=0;i<j.length;i++)c.supports[j[i]]=e(j[i]),c.supports.everything=c.supports.everything&&c.supports[j[i]],"flag"!==j[i]&&(c.supports.everythingExceptFlag=c.supports.everythingExceptFlag&&c.supports[j[i]]);c.supports.everythingExceptFlag=c.supports.everythingExceptFlag&&!c.supports.flag,c.DOMReady=!1,c.readyCallback=function(){c.DOMReady=!0},c.supports.everything||(h=function(){c.readyCallback()},b.addEventListener?(b.addEventListener("DOMContentLoaded",h,!1),a.addEventListener("load",h,!1)):(a.attachEvent("onload",h),b.attachEvent("onreadystatechange",function(){"complete"===b.readyState&&c.readyCallback()})),g=c.source||{},g.concatemoji?f(g.concatemoji):g.wpemoji&&g.twemoji&&(f(g.twemoji),f(g.wpemoji)))}(window,document,window._wpemojiSettings); </script> <style type="text/css"> img.wp-smiley, img.emoji { display: inline !important; border: none !important; box-shadow: none !important; height: 1em !important; width: 1em !important; margin: 0 .07em !important; vertical-align: -0.1em !important; background: none !important; padding: 0 !important; } </style> <link rel="stylesheet" id="sage/css-css" href="https://web.archive.org/web/20190202215550cs_/https://ww.egyptindependent.com/app/themes/egyptindependent/dist/styles/main-56de0a909d.css" type="text/css" media="all"/> <script type="text/javascript" src="https://web.archive.org/web/20190202215550js_/https://ww.egyptindependent.com/wp/wp-includes/js/jquery/jquery.js?ver=1.12.4"></script> <script type="text/javascript" src="https://web.archive.org/web/20190202215550js_/https://ww.egyptindependent.com/wp/wp-includes/js/jquery/jquery-migrate.min.js?ver=1.4.1"></script> <link rel="https://api.w.org/" href="https://ww.egyptindependent.com/wp-json/"/> <link rel="EditURI" type="application/rsd+xml" title="RSD" href="https://ww.egyptindependent.com/wp/xmlrpc.php?rsd"/> <link rel="wlwmanifest" type="application/wlwmanifest+xml" href="https://ww.egyptindependent.com/wp/wp-includes/wlwmanifest.xml"/> <link rel="shortlink" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/?p=2547640"/> <link rel="alternate" type="application/json+oembed" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fww.egyptindependent.com%2Fgovt-to-completely-lift-fuel-subsidies-in-2020-minister%2F"/> <link rel="alternate" type="text/xml+oembed" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/wp-json/oembed/1.0/embed?url=https%3A%2F%2Fww.egyptindependent.com%2Fgovt-to-completely-lift-fuel-subsidies-in-2020-minister%2F&format=xml"/> <meta property="fb:pages" content="244154415645700"/> <meta property="ia:markup_url" content="https://ww.egyptindependent.com/govt-to-completely-lift-fuel-subsidies-in-2020-minister/?ia_markup=1"/>   <script async="async" src="https://web.archive.org/web/20190202215550js_/https://www.googletagservices.com/tag/js/gpt.js"></script> <script type="text/javascript"> var googletag = googletag || {}; googletag.cmd = googletag.cmd || []; googletag.cmd.push(function() { googletag.defineSlot('/6419244/E.I-Take-Over-Home-Page', [163, 643], 'div-gpt-ad-1495029994356-0').addService(googletag.pubads()); googletag.defineSlot('/6419244/Almasryamayotp', [780, 400], 'div-gpt-ad-1508245753644-0').addService(googletag.pubads()); googletag.defineSlot('/6419244/E.I-Take-Over-Home-Page-Left', [163, 643], 'div-gpt-ad-1495029994356-1').addService(googletag.pubads()); googletag.defineSlot('/6419244/EI_MAIN_BANNER', [728, 90], 'div-gpt-ad-1488287610204-2').addService(googletag.pubads()); googletag.defineSlot('/6419244/EI_SHOWCASE_1', [300, 250], 'div-gpt-ad-1488287610204-3').addService(googletag.pubads()); googletag.defineSlot('/6419244/EI_SHOWCASE_2', [300, 250], 'div-gpt-ad-1488287610204-4').addService(googletag.pubads()); googletag.defineSlot('/6419244/EI_Mobile_Main_banner', [320, 100], 'div-gpt-ad-1495030166588-0').addService(googletag.pubads()); googletag.pubads().enableSingleRequest(); googletag.enableServices(); }); </script> <script type="text/javascript"> (function() { var po = document.createElement('script'); po.type = 'text/javascript'; po.async = true; po.src = 'https://web.archive.org/web/20190202215550/https://apis.google.com/js/plusone.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(po, s); })(); var _gaq = _gaq || []; _gaq.push(['_setAccount', 'UA-29004145-1']); _gaq.push(['_setDomainName', 'egyptindependent.com']); _gaq.push(['_trackPageview']); (function() { var ga = document.createElement('script'); ga.type = 'text/javascript'; ga.async = true; ga.src = ('https:' == document.location.protocol ? 'https://web.archive.org/web/20190202215550/https://ssl' : 'https://web.archive.org/web/20190202215550/http://www') + '.google-analytics.com/ga.js'; var s = document.getElementsByTagName('script')[0]; s.parentNode.insertBefore(ga, s); })(); </script>   <script type="text/javascript"> var _sf_async_config={}; /** CONFIGURATION START **/ _sf_async_config.uid = 38064; _sf_async_config.domain = 'egyptindependent.com'; _sf_async_config.sections = 'Change this to your Section name'; //CHANGE THIS _sf_async_config.authors = 'Change this to your Author name'; //CHANGE THIS /** CONFIGURATION END **/ (function(){ function loadChartbeat() { window._sf_endpt=(new Date()).getTime(); var e = document.createElement('script'); e.setAttribute('language', 'javascript'); e.setAttribute('type', 'text/javascript'); e.setAttribute('src', (('https:' == document.location.protocol) ? 'https://web.archive.org/web/20190202215550/https://a248.e.akamai.net/chartbeat.download.akamai.com/102508/' : 'https://web.archive.org/web/20190202215550/http://static.chartbeat.com/') + 'js/chartbeat.js'); document.body.appendChild(e); } var oldonload = window.onload; window.onload = (typeof window.onload != 'function') ? loadChartbeat : function() { oldonload(); loadChartbeat(); }; })(); </script>  <style media="screen"> @font-face { font-family: "HelveticaNeue"; font-weight: normal; font-style: normal; src: url('https://web.archive.org/web/20190202215550im_/http://ww.egyptindependent.com/app/themes/egyptindependent/dist/fonts/HelveticaNeue.eot'); src: local('☺'), url('https://web.archive.org/web/20190202215550im_/http://ww.egyptindependent.com/app/themes/egyptindependent/dist/fonts/HelveticaNeue.woff') format('woff'), url('https://web.archive.org/web/20190202215550im_/http://ww.egyptindependent.com/app/themes/egyptindependent/dist/fonts/HelveticaNeue.ttf') format('truetype'), url('https://web.archive.org/web/20190202215550im_/http://ww.egyptindependent.com/app/themes/egyptindependent/dist/fonts/HelveticaNeue.svg') format('svg'); } @font-face { font-family: "HelveticaNeuebold"; font-weight: normal; font-style: normal; src: url('https://web.archive.org/web/20190202215550im_/http://ww.egyptindependent.com/app/themes/egyptindependent/dist/fonts/HelveticaNeuBold.eot'); src: local('☺'), url('https://web.archive.org/web/20190202215550im_/http://ww.egyptindependent.com/app/themes/egyptindependent/dist/fonts/HelveticaNeuBold.woff') format('woff'), url('https://web.archive.org/web/20190202215550im_/http://ww.egyptindependent.com/app/themes/egyptindependent/dist/fonts/HelveticaNeuBold.ttf') format('truetype'), url('https://web.archive.org/web/20190202215550im_/http://ww.egyptindependent.com/app/themes/egyptindependent/dist/fonts/HelveticaNeuBold.svg') format('svg'); } @font-face { font-family: "TimesNewRoman"; font-weight: normal; font-style: normal; src: url('https://web.archive.org/web/20190202215550im_/http://ww.egyptindependent.com/app/themes/egyptindependent/dist/fonts/TimesNewRoman.eot'); src: local('☺'), url('https://web.archive.org/web/20190202215550im_/http://ww.egyptindependent.com/app/themes/egyptindependent/dist/fonts/TimesNewRoman.woff') format('woff'), url('https://web.archive.org/web/20190202215550im_/http://ww.egyptindependent.com/app/themes/egyptindependent/dist/fonts/TimesNewRoman.ttf') format('truetype'), url('https://web.archive.org/web/20190202215550im_/http://ww.egyptindependent.com/app/themes/egyptindependent/dist/fonts/TimesNewRoman.svg') format('svg'); } @font-face { font-family: "TimesNewRomanbold"; font-weight: bold; font-style: normal; src: url('https://web.archive.org/web/20190202215550im_/http://ww.egyptindependent.com/app/themes/egyptindependent/dist/fonts/TimesNewRomanbold.eot'); src: local('☺'), url('https://web.archive.org/web/20190202215550im_/http://ww.egyptindependent.com/app/themes/egyptindependent/dist/fonts/TimesNewRomanbold.woff') format('woff'), url('https://web.archive.org/web/20190202215550im_/http://ww.egyptindependent.com/app/themes/egyptindependent/dist/fonts/TimesNewRomanbold.ttf') format('truetype'), url('https://web.archive.org/web/20190202215550im_/http://ww.egyptindependent.com/app/themes/egyptindependent/dist/fonts/TimesNewRomanbold.svg') format('svg'); } </style> </head> <body class="post-template-default single single-post postid-2547640 single-format-standard govt-to-completely-lift-fuel-subsidies-in-2020-minister">  <h1 class="hidden website-title"> Egypt Independent </h1> <header class="banner"> <nav class="navbar navbar-toggleable-md navbar-light bg-faded navbar navbar-inverse bg-inverse"> <button class="navbar-toggler navbar-toggler-right" type="button" data-toggle="collapse" data-target="#navbarText" aria-controls="navbarText" aria-expanded="false" aria-label="Toggle navigation"> <span class="navbar-toggler-icon"></span> </button> <a class="navbar-brand brand" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/"><img src="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/09/logo-1.png" alt="Egypt Independent"></a> <div class="collapse navbar-collapse" id="navbarText"> <ul id="menu-header-menu" class="navbar-nav mr-auto"><li class="menu-item menu-item-type-taxonomy menu-item-object-category item-menu-primary menu-item-2479223 list-inline-item text-ellipsis ellipsis-1 "><a class="nav-link" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/category/egypt/">Egypt</a></li> <li class="menu-item menu-item-type-taxonomy menu-item-object-category item-menu-black menu-item-2479224 list-inline-item text-ellipsis ellipsis-1 "><a class="nav-link" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/category/featuresinterviews/">Features</a></li> <li class="menu-item menu-item-type-taxonomy menu-item-object-category item-menu-lochmara menu-item-2479229 list-inline-item text-ellipsis ellipsis-1 "><a class="nav-link" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/category/world/">World</a></li> <li class="menu-item menu-item-type-taxonomy menu-item-object-category item-menu-primary menu-item-2479226 list-inline-item text-ellipsis ellipsis-1 "><a class="nav-link" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/category/middle_east/">Middle East</a></li> <li class="menu-item menu-item-type-taxonomy menu-item-object-category current-post-ancestor item-menu-malachite menu-item-2479221 list-inline-item text-ellipsis ellipsis-1 "><a class="nav-link" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/category/business/">Business</a></li> <li class="menu-item menu-item-type-taxonomy menu-item-object-category item-menu-darkorange menu-item-2479228 list-inline-item text-ellipsis ellipsis-1 "><a class="nav-link" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/category/science/">Science</a></li> <li class="menu-item menu-item-type-taxonomy menu-item-object-category item-menu-rose menu-item-2479222 list-inline-item text-ellipsis ellipsis-1 "><a class="nav-link" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/category/culture/">Culture</a></li> <li class="menu-item menu-item-type-taxonomy menu-item-object-category item-menu-flirt menu-item-2479225 list-inline-item text-ellipsis ellipsis-1 "><a class="nav-link" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/category/life_style/">Life & Style</a></li> </ul> <span class="navbar-text"> <a href="https://web.archive.org/web/20190202215550/https://www.facebook.com/Egypt.Independent" target="_blank" rel="nofollow"> <i class="fa fa-fw fa-animation fa-facebook"></i> </a> <a href="https://web.archive.org/web/20190202215550/https://twitter.com/egyindependent" target="_blank" rel="nofollow"> <i class="fa fa-fw fa-animation fa-twitter"></i> </a> <a data="search" id="open-search"> <i class="fa fa-fw fa-search fa-animation"></i> </a> </span> </div> </nav> <div class="egyptindependent-search close" id="search-bar"> <form action="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/" method="GET" role="search"> <div class="input-group"> <input type="search" class="form-control" name="s" placeholder="Search for"> <span class="input-group-btn"> <button class="btn btn-danger" id="close" type="reset" data-dismiss="modal"> <i class="fa fa-close fa-fw fa-animation"></i> </button> </span> </div> </form> </div> </header> <div class="main-ads margin-bottom margin-top hidden-sm-down hidden-print desktop-ads"> <div class="container"> <div class="row"> <div class="align-middle img-fluid text-center img-script-header">  <div id="div-gpt-ad-1488287610204-2" style="height:90px; width:728px;"> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1488287610204-2'); }); </script> </div> </div> </div> </div> </div> <div class="container main-ads margin-bottom hidden-md-up margin-top small-ads text-center mobile-ads">  <div id="div-gpt-ad-1495030166588-0" style="height:100px; width:320px;"> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1495030166588-0'); }); </script> </div></div> <div class="wrap container" role="document"> <div class="pull-right"> <div class="skyscraper second hidden-print hidden-md-down affix-top"> <div class="align-middle img-fluid text-center">  <div id="div-gpt-ad-1495029994356-0" style="height:643px; width:163px;"> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1495029994356-0'); }); </script> </div> </div> </div> </div> <div class="pull-left"> <div class="skyscraper hidden-print hidden-md-down affix-top"> <div class="align-middle img-fluid text-center">  <div id="div-gpt-ad-1495029994356-1" style="height:643px; width:163px;"> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1495029994356-1'); }); </script> </div> </div> </div> </div> <div class="content row"> <main class="main"> <div class="container"> <div class="row"> <div class="col-md-12 margin-bottom hidden-print"> <hr class="hr border-black no-margin-bottom"/> <h4 class="font-family-sans-serif"> <a class="text-uppercase font-family-serif text-primary" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/category/business/economy/"> Economy</a> </h4> </div> <div class="col-md-12"> <article class="post-2547640 post type-post status-publish format-standard has-post-thumbnail hentry category-economy tag-95-octane_gas tag-economic_reform_program tag-fuel_subsidies tag-global-prices tag-imf tag-petroleum_ministry"> <header> <h1 class="entry-title font-family-sans-serif text-bold">Govt to completely lift fuel subsidies in 2020: minister</h1> <h3 class="entry-title"></h3> </header> <div class="row entry-content"> <div class="col-md-3 hidden-print"> <hr class="hr one border-"/> <div class="byline author vcard no-margin-bottom"> <a class="author-box Al-Masry Al-Youm" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/author/al-masry-al-youm/"><img alt="" src="https://web.archive.org/web/20190202215550im_/https://0.gravatar.com/avatar/6d53e33479cdd92910b03fbb6ce9f5af?s=70&d=mm&r=g" srcset="https://web.archive.org/web/20190202215550im_/http://0.gravatar.com/avatar/6d53e33479cdd92910b03fbb6ce9f5af?s=140&d=mm&r=g 2x" class="avatar avatar-70 photo" height="70" width="70"/><h2>Al-Masry Al-Youm</h2></a> </div> <time class="updated text-black font-family-serif bold " datetime="2019-01-08T10:01:14+00:00"> January 8, 2019<br> 12:01 pm</time> <hr class="hr one border-"/> <div class="social-buttons margin-bottom post-share"> <a class="icon-fb" href="https://web.archive.org/web/20190202215550/https://www.facebook.com/sharer/sharer.php?u=https://ww.egyptindependent.com/govt-to-completely-lift-fuel-subsidies-in-2020-minister/" data-toggle="tooltip" data-placement="top" title="Share on facebook" onclick="window.open(this.href, 'facebook-share','width=580,height=296');return false;"> <i class="fa-animation smooz fa-facebook fa"></i> </a> <a class="icon-twitter" href="https://web.archive.org/web/20190202215550/https://twitter.com/share?text=Govt to completely lift fuel subsidies in 2020: minister" data-toggle="tooltip" data-placement="top" title="Share on twitter" onclick="window.open(this.href, 'twitter-share', 'width=600,height=600');return false;"> <i class="fa-animation smooz fa-twitter fa"></i> </a> <a class="icon-email" href="/web/20190202215550/https://ww.egyptindependent.com/cdn-cgi/l/email-protection#013e7274636b6462753c466e777521756e21626e6c716d6475646d78216d686775216774646d2172746372686568647221686f21333133313b216c686f687275647327606c713a636e65783c426964626a216e7475217569687221516066642169757571723b2e2e76762f6466787175686f656471646f65646f752f626e6c2e666e77752c756e2c626e6c716d6475646d782c6d6867752c6774646d2c7274637268656864722c686f2c333133312c6c686f68727564732e" data-toggle="tooltip" data-placement="top" title="Mail This page" target="_blank"> <i class="fa-animation smooz fa-envelope fa"></i> </a> <a class="icon-whatsapp hidden-sm-up" style="background-color: #34af23; color: #fff; font-size: 1.2em;" href="https://web.archive.org/web/20190202215550/whatsapp://send/?text=Govt to completely lift fuel subsidies in 2020: minister https://ww.egyptindependent.com/govt-to-completely-lift-fuel-subsidies-in-2020-minister/" data-action="share/whatsapp/share"> <i class="fa fa-whatsapp "></i> </a> <a class="icon-print" href="javascript:window.print()" data-toggle="tooltip" data-placement="top" title="Print This page" target="_blank"> <i class="fa-animation smooz fa-print fa"></i> </a> </div> </div> <div class="col-md-9"> <div class=""> <img width="536" height="402" src="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/09/_mg_0456.jpg" class="img-fluid d-flex align-self-start margin-bottom center-block wp-post-image" alt=""/> </div> <div class="row"> <div class="col-md-7 overflow-hidden"> <p>Subsidies on hydrocarbons will be completely canceled by the Egyptian government in 2020, Petroleum Minister Tarek al-Mulla said, adding that the prices of gasolibe 80 and 92 will not be raised until the end of the current fiscal year ending in June. <div class="col-md-12 widget hidden-print hidden-sm-up margin-top mobile-ads"> <div class="ads-block"><div class="align-middle img-fluid img-script">  <div id="div-gpt-ad-1488287610204-3" style="height:250px; width:300px;"> <script data-cfasync="false" src="/web/20190202215550js_/https://ww.egyptindependent.com/cdn-cgi/scripts/5c5dd728/cloudflare-static/email-decode.min.js"></script><script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1488287610204-3'); }); </script> </div></div></div></div></p> <p>He added in a statement to al-Hekaya program on MBC Masr on Monday evening that the fuel subsidies provided by the government are up to LE 90 billion during the current fiscal year, and until the end of fiscal year on June 30, 2019, will not be generalized for the automatic pricing experience on petrol 80 and 92.</p> <p>The government will not link the price of gasoline 80 and 92 to global prices as it did with gasoline 95, until June 2019, he said.</p> <p>“We will not risk taking action that will cause anxiety or inconvenience to citizens,” he continued.</p> <p>The cabinet announced pricing gasoline 95 according to the price of Brent oil as a first step, Mulla said, stressing that gasoline 95 will no longer have a fixed price starting in April.</p> <p>The government plans to substitute gasoline 80 with gasoline 87 in the future, he said, noting that experiments are currently being conducted on the new petroleum product in the laboratories of the Ministry of Petroleum.</p> <p>The aim of providing higher octane gasoline on the market is to improve the products provided to the consumer and modern cars, as well as to match developed countries and the oil market through providing high-quality products, said Mulla.</p> <p>In an attempt to revive its faltering economy since 2011, Egypt obtained an IMF loan in 2016 in exchange for implementing a rigorous reform program, beginning with floating the pound. Egypt began implementing the IMF reform program in November 2016. The international lender made a deal to provide Egypt with a $12 billion loan in exchange for wide-ranging structural economic reforms.</p> <p>The reforms include a raft of measures such as devaluing the pound currency, loosening capital controls, ending energy subsidies, reforming public enterprises and overhauling monetary policy – all in a bid to restore economic stability and long-term growth.</p> <p>The first step the IMF commended was the flotation of the pound, a measure quickly taken in November 2016. The following year, Egypt slashed parts of its energy subsidies, resulting in a 60 percent surge in fuel prices.</p> <p>The IMF has since recommended that the government continue removing subsidies on fuel.</p> <p><em><strong>Edited translation from Al-Masry Al-Youm</strong></em></p> </div> <div class="col-md-5 widget hidden-print"> <div class="ads-block desktop-ads"> <div class="align-middle img-fluid img-script">  <div id="div-gpt-ad-1488287610204-4" style="height:250px; width:300px;"> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1488287610204-4'); }); </script> </div> </div> </div> <div class="widget_sectionsrecommendationsopinion"> <div class="recommendations"> <div class="col-12 margin-bottom"> <hr class="hr border-black no-margin-bottom"/> <h4 class="margin-bottom font-family-sans-serif"> <a class="text-uppercase text-primary" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/feed/"> Recommendations </a> </h4> </div> <div class="item scroll-primary "> <div class="media margin-bottom"> <div class=" col-md-6 col-5 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/egypt-announces-emergency-over-locust-attack/" class="text-black"> <img width="227" height="170" src="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/09/locusts-hurghada-227x170.jpg" class="img-fluid d-flex align-self-start wp-post-image" alt=""/> </a> </div> <div class="media-body col-md-6 col-7 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/egypt-announces-emergency-over-locust-attack/" class="text-black"> <h5 class="mb-1 text-ellipsis ellipsis-3 recommendations_posts font-family-sans-serif text-black">Egypt announces emergency over locust attack</h5> </a> <p class="text-primary time-diff"> 2 days ago </p> </div> </div> <div class="media margin-bottom"> <div class=" col-md-6 col-5 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/cairo-airport-to-accommodate-30-million-passengers-annually-after-development/" class="text-black"> <img width="236" height="170" src="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/11/Cairo-Airport-324234g-236x170.jpg" class="img-fluid d-flex align-self-start wp-post-image" alt="" srcset="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/11/Cairo-Airport-324234g-236x170.jpg 236w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/11/Cairo-Airport-324234g-292x210.jpg 292w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/11/Cairo-Airport-324234g-556x400.jpg 556w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/11/Cairo-Airport-324234g.jpg 674w" sizes="(max-width: 236px) 100vw, 236px"/> </a> </div> <div class="media-body col-md-6 col-7 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/cairo-airport-to-accommodate-30-million-passengers-annually-after-development/" class="text-black"> <h5 class="mb-1 text-ellipsis ellipsis-3 recommendations_posts font-family-sans-serif text-black">Cairo airport to accommodate 30 million passengers annually after development</h5> </a> <p class="text-primary time-diff"> 3 days ago </p> </div> </div> <div class="media margin-bottom"> <div class=" col-md-6 col-5 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/first-ladies-of-egypt-france-discuss-womens-empowerment/" class="text-black"> <img width="240" height="135" src="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/5c4f35b8d43750f60c8b458d-240x135.jpg" class="img-fluid d-flex align-self-start wp-post-image" alt="" srcset="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/5c4f35b8d43750f60c8b458d-240x135.jpg 240w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/5c4f35b8d43750f60c8b458d-300x169.jpg 300w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/5c4f35b8d43750f60c8b458d-700x394.jpg 700w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/5c4f35b8d43750f60c8b458d.jpg 750w" sizes="(max-width: 240px) 100vw, 240px"/> </a> </div> <div class="media-body col-md-6 col-7 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/first-ladies-of-egypt-france-discuss-womens-empowerment/" class="text-black"> <h5 class="mb-1 text-ellipsis ellipsis-3 recommendations_posts font-family-sans-serif text-black">First ladies of Egypt, France discuss women’s empowerment</h5> </a> <p class="text-primary time-diff"> 4 days ago </p> </div> </div> <div class="media margin-bottom"> <div class=" col-md-6 col-5 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/macron-reveals-what-he-told-sisi-about-human-rights-in-egypt/" class="text-black"> <img width="240" height="160" src="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/09/Emmanuel-Macron-France-French-President-240x160.jpeg" class="img-fluid d-flex align-self-start wp-post-image" alt=""/> </a> </div> <div class="media-body col-md-6 col-7 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/macron-reveals-what-he-told-sisi-about-human-rights-in-egypt/" class="text-black"> <h5 class="mb-1 text-ellipsis ellipsis-3 recommendations_posts font-family-sans-serif text-black">Macron reveals what he told Sisi about human rights in Egypt</h5> </a> <p class="text-primary time-diff"> 4 days ago </p> </div> </div> <div class="media margin-bottom"> <div class=" col-md-6 col-5 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/egypt-authorities-to-release-british-tourist-laura-plummer-after-presidential-pardon/" class="text-black"> <img width="236" height="170" src="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/09/Laura-Plummer-236x170.jpg" class="img-fluid d-flex align-self-start wp-post-image" alt=""/> </a> </div> <div class="media-body col-md-6 col-7 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/egypt-authorities-to-release-british-tourist-laura-plummer-after-presidential-pardon/" class="text-black"> <h5 class="mb-1 text-ellipsis ellipsis-3 recommendations_posts font-family-sans-serif text-black">Egypt authorities to release British tourist Laura Plummer after presidential pardon</h5> </a> <p class="text-primary time-diff"> 4 days ago </p> </div> </div> <div class="media margin-bottom"> <div class=" col-md-6 col-5 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/nour-al-sherbini-becomes-worlds-first-woman-to-win-j-p-morgan-tournament-of-champions-three-times/" class="text-black"> <img width="240" height="170" src="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/7543459946_ba2a4fea9c_z-240x170.jpg" class="img-fluid d-flex align-self-start wp-post-image" alt="Nour al-Sherbini" srcset="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/7543459946_ba2a4fea9c_z-240x170.jpg 240w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/7543459946_ba2a4fea9c_z-297x210.jpg 297w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/7543459946_ba2a4fea9c_z-565x400.jpg 565w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/7543459946_ba2a4fea9c_z.jpg 640w" sizes="(max-width: 240px) 100vw, 240px"/> </a> </div> <div class="media-body col-md-6 col-7 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/nour-al-sherbini-becomes-worlds-first-woman-to-win-j-p-morgan-tournament-of-champions-three-times/" class="text-black"> <h5 class="mb-1 text-ellipsis ellipsis-3 recommendations_posts font-family-sans-serif text-black">Nour al-Sherbini becomes world’s first woman to win J.P Morgan Tournament of Champions three times</h5> </a> <p class="text-primary time-diff"> 5 days ago </p> </div> </div> <div class="media margin-bottom"> <div class=" col-md-6 col-5 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/egypt-to-establish-its-first-nanotechnology-faculty/" class="text-black"> <img width="240" height="159" src="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/Nanotechnology-Center-Cairo-University-012019-240x159.jpg" class="img-fluid d-flex align-self-start wp-post-image" alt="" srcset="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/Nanotechnology-Center-Cairo-University-012019-240x159.jpg 240w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/Nanotechnology-Center-Cairo-University-012019-300x199.jpg 300w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/Nanotechnology-Center-Cairo-University-012019.jpg 320w" sizes="(max-width: 240px) 100vw, 240px"/> </a> </div> <div class="media-body col-md-6 col-7 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/egypt-to-establish-its-first-nanotechnology-faculty/" class="text-black"> <h5 class="mb-1 text-ellipsis ellipsis-3 recommendations_posts font-family-sans-serif text-black">Egypt to establish its first nanotechnology faculty</h5> </a> <p class="text-primary time-diff"> 1 week ago </p> </div> </div> <div class="media margin-bottom"> <div class=" col-md-6 col-5 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/largest-restoration-project-for-tomb-of-king-tutankhamun-concludes-in-luxor/" class="text-black"> <img width="236" height="170" src="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/King-Tut-file-photo-236x170.jpeg" class="img-fluid d-flex align-self-start wp-post-image" alt="" srcset="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/King-Tut-file-photo-236x170.jpeg 236w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/King-Tut-file-photo-292x210.jpeg 292w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/King-Tut-file-photo-556x400.jpeg 556w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/King-Tut-file-photo.jpeg 674w" sizes="(max-width: 236px) 100vw, 236px"/> </a> </div> <div class="media-body col-md-6 col-7 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/largest-restoration-project-for-tomb-of-king-tutankhamun-concludes-in-luxor/" class="text-black"> <h5 class="mb-1 text-ellipsis ellipsis-3 recommendations_posts font-family-sans-serif text-black">Largest restoration project for tomb of King Tutankhamun concludes in Luxor</h5> </a> <p class="text-primary time-diff"> 1 week ago </p> </div> </div> <div class="media margin-bottom"> <div class=" col-md-6 col-5 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/us-dollar-price-in-egypt-hits-lowest-level-in-two-years/" class="text-black"> <img width="240" height="160" src="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/09/one-dollar-egyptian-money-banknote-coins-rusty-wooden-background-66253121-240x160.jpg" class="img-fluid d-flex align-self-start wp-post-image" alt=""/> </a> </div> <div class="media-body col-md-6 col-7 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/us-dollar-price-in-egypt-hits-lowest-level-in-two-years/" class="text-black"> <h5 class="mb-1 text-ellipsis ellipsis-3 recommendations_posts font-family-sans-serif text-black">US dollar price in Egypt hits lowest level in two years</h5> </a> <p class="text-primary time-diff"> 5 days ago </p> </div> </div> <div class="media margin-bottom"> <div class=" col-md-6 col-5 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/mother-in-giza-arrested-for-forcing-son-to-climb-6th-floor-balcony/" class="text-black"> <img width="240" height="144" src="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/b0230763b5bdef5b3641fa4392dc6a03-240x144.jpg" class="img-fluid d-flex align-self-start wp-post-image" alt="" srcset="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/b0230763b5bdef5b3641fa4392dc6a03-240x144.jpg 240w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/b0230763b5bdef5b3641fa4392dc6a03-300x180.jpg 300w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/b0230763b5bdef5b3641fa4392dc6a03-768x461.jpg 768w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/b0230763b5bdef5b3641fa4392dc6a03-667x400.jpg 667w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/b0230763b5bdef5b3641fa4392dc6a03.jpg 1000w" sizes="(max-width: 240px) 100vw, 240px"/> </a> </div> <div class="media-body col-md-6 col-7 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/mother-in-giza-arrested-for-forcing-son-to-climb-6th-floor-balcony/" class="text-black"> <h5 class="mb-1 text-ellipsis ellipsis-3 recommendations_posts font-family-sans-serif text-black">Mother in Giza arrested for forcing son to climb 6th floor balcony</h5> </a> <p class="text-primary time-diff"> 1 week ago </p> </div> </div> <div class="media margin-bottom"> <div class=" col-md-6 col-5 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/egypt-court-imprisons-tv-host-for-interviewing-gay-man/" class="text-black"> <img width="236" height="170" src="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/TV-host-at-LTC-satellite-channel-Mohamed-al-Ghaity-236x170.jpg" class="img-fluid d-flex align-self-start wp-post-image" alt="" srcset="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/TV-host-at-LTC-satellite-channel-Mohamed-al-Ghaity-236x170.jpg 236w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/TV-host-at-LTC-satellite-channel-Mohamed-al-Ghaity-292x210.jpg 292w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/TV-host-at-LTC-satellite-channel-Mohamed-al-Ghaity-556x400.jpg 556w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2019/01/TV-host-at-LTC-satellite-channel-Mohamed-al-Ghaity.jpg 674w" sizes="(max-width: 236px) 100vw, 236px"/> </a> </div> <div class="media-body col-md-6 col-7 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/egypt-court-imprisons-tv-host-for-interviewing-gay-man/" class="text-black"> <h5 class="mb-1 text-ellipsis ellipsis-3 recommendations_posts font-family-sans-serif text-black">Egypt court imprisons TV host for interviewing gay man</h5> </a> <p class="text-primary time-diff"> 2 weeks ago </p> </div> </div> <div class="media margin-bottom"> <div class=" col-md-6 col-5 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/salah-among-perfect-formation-for-premier-league/" class="text-black"> <img width="240" height="144" src="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/12/Mohamed-Salah-photo-from-Liverpool-website-240x144.jpeg" class="img-fluid d-flex align-self-start wp-post-image" alt="" srcset="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/12/Mohamed-Salah-photo-from-Liverpool-website-240x144.jpeg 240w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/12/Mohamed-Salah-photo-from-Liverpool-website-300x180.jpeg 300w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/12/Mohamed-Salah-photo-from-Liverpool-website-768x461.jpeg 768w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/12/Mohamed-Salah-photo-from-Liverpool-website-667x400.jpeg 667w, https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/12/Mohamed-Salah-photo-from-Liverpool-website.jpeg 850w" sizes="(max-width: 240px) 100vw, 240px"/> </a> </div> <div class="media-body col-md-6 col-7 col"> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/salah-among-perfect-formation-for-premier-league/" class="text-black"> <h5 class="mb-1 text-ellipsis ellipsis-3 recommendations_posts font-family-sans-serif text-black">Salah among perfect formation for Premier League</h5> </a> <p class="text-primary time-diff"> 2 weeks ago </p> </div> </div> </div> </div> </div> <div class="ads-block desktop-ads"> <div class="align-middle img-fluid img-script">  <div id="div-gpt-ad-1488287610204-3" style="height:250px; width:300px;"> <script> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1488287610204-3'); }); </script> </div> </div> </div> </div> <div class="col-md-12 hidden-print "> <div id="fb-root"></div> <script>(function (d, s, id) { var js, fjs = d.getElementsByTagName(s)[0]; if (d.getElementById(id)) return; js = d.createElement(s); js.id = id; js.src = "//web.archive.org/web/20190202215550/https://connect.facebook.net/en_GB/sdk.js#xfbml=1&version=v2.5&appId=1783656111652011"; fjs.parentNode.insertBefore(js, fjs); }(document, 'script', 'facebook-jssdk'));</script> <div class="fb-comments" data-href="https://ww.egyptindependent.com/govt-to-completely-lift-fuel-subsidies-in-2020-minister/" data-numposts="5"></div> </div> </div> <div class="row hidden-print"> <div class="col-md-12 margin-bottom "> <hr class="hr border-black one no-margin-bottom"/> </div> <div class="tags tags-lightgray clearfix"> <span class="text-uppercase text-primary font-family-serif "> Tags </span> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/tag/95-octane_gas/" class="text-black font-family-serif fontsize-20">95-octane gas</a> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/tag/economic_reform_program/" class="text-black font-family-serif fontsize-20">economic reform program</a> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/tag/fuel_subsidies/" class="text-black font-family-serif fontsize-20">fuel subsidies</a> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/tag/global-prices/" class="text-black font-family-serif fontsize-20">global prices</a> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/tag/imf/" class="text-black font-family-serif fontsize-20">IMF</a> <a href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/tag/petroleum_ministry/" class="text-black font-family-serif fontsize-20">Petroleum ministry</a> </div> <div class="col-md-12"> <hr class="hr border-black no-margin-bottom "/> <h4 class="font-family-serif"> <span class="text-uppercase text-primary"> Related Stories </span> </h4> </div> <div class="col-md-4 col-sm-4 col-12 pointer related-posts relative no-padding-right" onclick="window.location='https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/egypt-links-price-of-gasoline-rated-95-to-global-price/';"> <div class="img-placeholder featured-item img-animation-background bg-primary" style="background-image:url(https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/09/fuel-300x181.jpg);"> <article> <div class="aspect-ratio-content "> <div class="panel-body gradient-black absolute bottom"> <div class="font-family-serif text-uppercase hidden-xs"> <a class="text-semibold tag tag-animation tag-primary" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/category/egypt/"> Egypt </a> </div> <h5><a class="text-white text-ellipsis ellipsis-3 font-family-sans-serif" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/egypt-links-price-of-gasoline-rated-95-to-global-price/">Egypt links price of gasoline rated 95 to global price</a></h5> </div> </div> </article> </div> </div> <div class="col-md-4 col-sm-4 col-12 pointer related-posts relative no-padding-right" onclick="window.location='https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/electricity-prices-to-increase-july-2019-electricity-min/';"> <div class="img-placeholder featured-item img-animation-background bg-primary" style="background-image:url(https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/10/Electricity-meter-102018-292x210.jpeg);"> <article> <div class="aspect-ratio-content "> <div class="panel-body gradient-black absolute bottom"> <div class="font-family-serif text-uppercase hidden-xs"> <a class="text-semibold tag tag-animation tag-primary" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/category/egypt/"> Egypt </a> </div> <h5><a class="text-white text-ellipsis ellipsis-3 font-family-sans-serif" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/electricity-prices-to-increase-july-2019-electricity-min/">Electricity prices to increase July 2019: Electricity Min.</a></h5> </div> </div> </article> </div> </div> <div class="col-md-4 col-sm-4 col-12 pointer related-posts relative no-padding-right" onclick="window.location='https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/mp-suggests-electricity-bills-paid-in-installments/';"> <div class="img-placeholder featured-item img-animation-background bg-primary" style="background-image:url(https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/12/Light_bulb_in_grandfathers_lamp-300x200.jpg);"> <article> <div class="aspect-ratio-content "> <div class="panel-body gradient-black absolute bottom"> <div class="font-family-serif text-uppercase hidden-xs"> <a class="text-semibold tag tag-animation tag-primary" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/category/egypt/"> Egypt </a> </div> <h5><a class="text-white text-ellipsis ellipsis-3 font-family-sans-serif" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/mp-suggests-electricity-bills-paid-in-installments/">MP suggests electricity bills paid in installments</a></h5> </div> </div> </article> </div> </div> </div> </div> </div> </article> </div> </div> </div> </main> </div> </div> <footer class="bg-inverse hidden-print" id="footer"> <div class="col-sm-12"> <div class="row footer"> <div class="col-md-4"> <a class="navbar-brand brand" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/"><img class="img-fluid" src="https://web.archive.org/web/20190202215550im_/https://amayei.nyc3.digitaloceanspaces.com/2018/09/logo-1-3.png" alt="Egypt Independent"></a> </div> <div class="col-md-8"> <ul id="menu-footer-menu" class="list-inline col-md-8"><li class="menu-item menu-item-type-post_type menu-item-object-page item-menu-firebrick menu-item-2478746 list-inline-item text-ellipsis ellipsis-1 "><a class="nav-link" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/about-us/">About</a></li> <li class="menu-item menu-item-type-post_type menu-item-object-page item-menu-firebrick menu-item-2478745 list-inline-item text-ellipsis ellipsis-1 "><a class="nav-link" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/advertise/">Advertise</a></li> <li class="menu-item menu-item-type-post_type menu-item-object-page item-menu-firebrick menu-item-2478744 list-inline-item text-ellipsis ellipsis-1 "><a class="nav-link" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/contact/">Contact Us</a></li> <li class="menu-item menu-item-type-post_type menu-item-object-page item-menu-firebrick menu-item-2478743 list-inline-item text-ellipsis ellipsis-1 "><a class="nav-link" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/copyright/">Copyrights</a></li> <li class="menu-item menu-item-type-post_type menu-item-object-page item-menu-firebrick menu-item-2478742 list-inline-item text-ellipsis ellipsis-1 "><a class="nav-link" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/privacy/">Privacy</a></li> <li class="menu-item menu-item-type-post_type menu-item-object-page item-menu-firebrick menu-item-2478741 list-inline-item text-ellipsis ellipsis-1 "><a class="nav-link" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/terms/">Terms</a></li> <li class="menu-item menu-item-type-post_type menu-item-object-page item-menu-firebrick menu-item-2481279 list-inline-item text-ellipsis ellipsis-1 "><a class="nav-link" href="https://web.archive.org/web/20190202215550/https://ww.egyptindependent.com/rss_feed/">Rss</a></li> </ul> <span class="navbar-text text-center col-md-4"> <a href="https://web.archive.org/web/20190202215550/https://www.facebook.com/Egypt.Independent" target="_blank" rel="nofollow"> <i class="fa fa-fw fa-animation fa-facebook"></i> </a> <a href="https://web.archive.org/web/20190202215550/https://twitter.com/egyindependent" target="_blank" rel="nofollow"> <i class="fa fa-fw fa-animation fa-twitter"></i> </a> </span> </div> </div> </div> <section class="copyrights"> <div class="container "> <div class="row"> <div class="col-4 text-center"> <div class="hidden-sm-down"> All rights reserved, Al-Masry Al-Youm. 2019 </div> </div> <div class="col-4"></div> <div class="col-4 text-right"> <a href="https://web.archive.org/web/20190202215550/http://code95.com/" data-toggle="tooltip" data-placement="top" title="Developed by Code95" target="_blank"> <img class="img-responsive img-grayscale center-block" src="https://web.archive.org/web/20190202215550im_/https://ww.egyptindependent.com/app/themes/egyptindependent/dist/images/code95-logo.png"> </a> </div> </div> </div> </section> <div class="take-over"> </div>  <div id="loading-ads"> <div class="ads-popup desktop-ads"> <div class="ads-body"> <button type="button" class="ads-button hidden" name="button"></button> <div class="pop-ads hidden" id="div-gpt-ad-1508245753644-0" style="height:400px; width:780px;"> <script type="text/javascript"> googletag.cmd.push(function() { googletag.display('div-gpt-ad-1508245753644-0'); }); googletag.pubads().addEventListener('slotRenderEnded', function(event) { if (event.slot.getSlotElementId() == "div-gpt-ad-1508245753644-0") { if(event.isEmpty) { jQuery("#loading-ads").addClass("hidden"); }else{ jQuery(".pop-ads").removeClass("hidden"); jQuery(".ads-button").removeClass("hidden"); } } }); </script> </div> </div> </div> </div> </footer> <script type="text/javascript"> /* <![CDATA[ */ var myAjax = {"ajaxurl":"https:\/\/web.archive.org\/web\/20190202215550\/https:\/\/ww.egyptindependent.com\/wp\/wp-admin\/admin-ajax.php"}; /* ]]> */ </script> <script type="text/javascript" src="https://web.archive.org/web/20190202215550js_/https://ww.egyptindependent.com/app/themes/egyptindependent/dist/scripts/main-0310e5366c.js"></script> <script type="text/javascript" src="https://web.archive.org/web/20190202215550js_/https://ww.egyptindependent.com/wp/wp-includes/js/wp-embed.min.js?ver=4.9.4"></script> </body> </html>

CINXE.COM

Govt to completely lift fuel subsidies in 2020: minister - Egypt Independent