Egypt will not be raising electricity prices this month, Prime Minister Mostafa Madbouly announced during his weekly press briefing on 10 September,
“We look at electricity prices as part of the wider economy and their impact on inflation,” he said. Inflation dropped for a third consecutive month in August to 12.0%, the lowest since March 2022, according to data from the Central Bank of Egypt (CBE). (CONTINUED - 148 WORDS)