Energy subsidies down, export subsidies up in new budget draft

The government will be implementing sweeping cuts to spending on petroleum subsidies and prioritizing export spending in the upcoming fiscal year’s budget, according to draft data submitted by the Finance Ministry to the House of Representatives on Wednesday.  The data, reviewed by Mada Masr, also showed a major boost in public healthcare expenses, while other social support categories stayed more or less stable in line with predicted inflation. The budget […] The post Energy subsidi...