He called for the full maintenance of the national power grid and adequate fuel provisioning for the electricity sector to maintain grid readiness and reliability.
The housing, water, electricity, gas, and fuel sector saw an increase of 2.9%, with a 7.2% rise in electricity, gas, and other fuel materials, a 0.7% increase in actual housing rents, and a 1.5% rise in housing maintenance and repair costs.
El-Sisi emphasized the need for the government to review its position with the IMF if the program’s challenges begin to impose unbearable pressure on the public.
During the conference, he indicated that for the next 6 months, fuel prices will not be increased.
The price of diesel, essential for transporting goods and passengers nationwide, has increased by 17.3%, rising from EGP 11.5 to EGP 13.5 per litre.
