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“Lifting or keeping the subsidy” has been a controversial issue, precisely in Egypt it has always been too “hot to … reforming the subsidy on the entire energy sector to wean it gradually and return to full cost as of 2014, only one phase of … this plan has been executed on removing 20% of the electricity subsidy, but the remaining phases where put on hold since …
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During the last few years and because of the low oil prices in particular, the increasing awareness of the unsustainability of subsidized systems led several MENA countries to take steps to lower subsidies, which have been part of the social contract for decades, especially as far as the energy...
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