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Engineer Tariq Al-Mulla, Minister of Petroleum, said today, Sunday, that oil subsidies fell by about 46% in the first quarter of the current fiscal year 2020-2021.
Minister Tariq Al-Mulla said in statements that “oil subsidies fell to 3.9 billion pounds ($ 249.8 million) in the first quarter … from the seven billion pounds which was in the budget, against 7.25 billion pounds a year ago “.
The Ministry of Finance aims to bring oil subsidies for the current fiscal year to £ 28.193 billion.
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The situation in Egypt
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Injuries
115,183
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Restored
102,490
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Mortality
6 621
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