Egypt's presidential frontrunner Sisi cautious on energy subsidies


  • World
  • Wednesday, 07 May 2014

An Egyptian man on horse cart rides past a huge banner for Egypt's former army chief Field Marshal Abdel Fattah al-Sisi in downtown Cairo, May 6, 2014. REUTERS/Mohamed Abd El Ghany

CAIRO (Reuters) - Former Egyptian army chief Abdel Fattah al-Sisi, who is expected to win a presidential election this month, said in a television interview broadcast on Tuesday that costly energy subsidies could not be lifted quickly.

"The subsidies can't be removed suddenly ... People will not tolerate that," Sisi told CBC and ONTV.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Brazil's government submits rules to streamline consumption taxes
Roundup: U.S. crude supplies down, other petroleum data mixed
U.S. oil imports, exports up last week
Algeria, Tunisia, Libya agree to manage shared groundwater in Sahara
U.S. crude oil production unchanged last week
Ford Q1 net income drops
Spanish PM Sanchez shocks country again putting his continuity on the line
U.S. researchers reveal potential treatment pathway for neurodevelopmental disorder
Boeing reports net loss, revenue decrease in first quarter
U.S. stocks close mixed

Others Also Read