SITUATION REPORT

Egypt: Government Delays Plan To Ration Fuel Subsidies

Feb 12, 2013 | 13:22 GMT

The Egyptian government will delay by three months a rationing of fuel subsidies initially set to take effect in April as part of austerity measures needed to secure a $4.8 billion loan from the International Monetary Fund, Egyptian Minister of Petroleum and Mineral Resources Osama Kamal said Feb. 12, Reuters reported....

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