Egyptian Minister of Electricity Mohamed Shaker will hold a press conference Monday at the Ministry headquarters to announce that new electricity prices , Youm7 reported.
In July 2015, Egypt has raised electricity prices for mid-to-high household usage by an average of 19 percent, for the second consecutive year as part of a five-year plan to lift electricity subsidies.
Egypt’s electricity consumption is much higher than the minimum electricity requirement in low income countries, according to a report issued by the World Bank in September 2015.
