In Obedience to the Dictates of the International Monetary Fund The Transitional Government Raises Electricity Prices by more than 500%
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The Minister of Finance in charge, Heba Muhammad Ali, issued a decision to raise electricity prices from 1/1/2021 until 2024, by a rate of more than 500%, and for the first tranche that consumes 200 kilowatts per month to 600%. The kilowatt price for this category was 0.15 pounds, and the first hundred became 0.80 pounds, and the second hundred 1.0 pound, so the consumer used to buy two hundred…
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