No increase in electricity tariffs, sugar prices: IDSC

CAIRO - 10 August 2018: The Cabinet's Information and Decision Support Center (IDSC) denied reports circulated on some websites and social media pages about the government’s intention to increase electricity prices.

The IDSC has contacted the Ministry of Electricity and Renewable Energy, which totally dismissed these reports, stressing that there is no new increase in the current electricity tariffs set for the 2018/2019 fiscal year, the center said in a report Friday.

All reports circulated in this regard are just rumors that aim to fuel the citizens’ anger for no reason, it added.

Meanwhile, the IDSC dismissed reports about the government’s intention to issue several decisions that will lead to lack of sugar supply and increasing its price.

The rumors spread in light of the minister of trade and industry’s decision to abolish EGP 3,000 export fees on each ton of sugar.

The IDSC said it has contacted the Ministry of Supply and Internal Trade, which totally denied the reports, affirming that there is no surge in the current sugar prices.

The ministry urged all media outlets and people to verify the authenticity of any information and to contact the bodies concerned before publishing any groundless news.