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Egypt’s Electricity Outages Could Save USD 1 Billion Yearly

The government is working on solving the power crisis and that the saved resources are used for essential needs, such as food and medicine.
22.04.24 | Source: Egyptian Streets

In a phone call with Al Hekaya program on MBC Egypt channel on 19 April, Mohamed El-Homsany, Egypt’s Cabinet spokesperson, stated that Egypt saves around USD 1 billion (EGP 48.2 billion) yearly due to its systematic power cuts.


The government is aware of the struggles that Egyptians experience due to the electricity cuts and this situation is not going to be permanent, according to El-Homsany.


He stated that the government is working on solving the power crisis and that the saved resources are used for essential needs, such as food and medicine.


Scheduled outages began in July 2023 due to a shortage in natural gas supplies, used for generating electricity. The shortfall caused a huge burden which was aggravated by high temperatures and excessive air conditioning use.

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