Keywords: Energy subsidies


Japan approves $32 billion emergency package to curb rising prices

The government of Japan has approved a five trillion yen (approximately $32 billion) emergency spending package aimed at cushioning households from surging food and energy costs, as inflationary pressures continue to weigh on consumers. Prime Minister Sanae Takaichi endorsed the measure following a......

Egypt Amplifies Household Electricity Costs by 50% Amid Economic Reforms

Egypt has implemented a significant increase in electricity prices for households, with rates soaring up to 50%, according to government sources. This move is part of a broader strategy to phase out subsidies, aligning with an agreement with the International Monetary Fund (IMF). The electricity ministry......