Egypt business pushes Sisi for energy subsidy cuts | Reuters

/us-egypt-election-subsidies-idUSBREA4K0

  • Egypt business pushes Sisi for energy subsidy cuts | Reuters
    http://www.reuters.com/article/2014/05/21/us-egypt-election-subsidies-idUSBREA4K05620140521
    intéressant article sur l’enjeu de l’énergie en Egypte. Sur ce sujet, je suis preneur d’illustrations et en particulier de caricatures si vous en trouvez, chers followers ! Merci d’avance

    Former army chief Abdel Fattah al-Sisi has kept Egyptians guessing about how he will handle energy subsidies, one of the most explosive issues coming his way if, as seems certain, he is elected president next week.

    Cautious campaign language shows he is well aware subsidy cuts that would help repair ruinous government finances might also spark the kind of unrest that helped topple two presidents in three years. Yet he may find his resolve to stem the expense stiffened from an unlikely quarter - some of Egypt’s wealthiest, whose businesses have benefited greatly from state largesse.

    Several leading business figures, including in the energy sector and in energy-intensive manufacturing industries, have told Reuters they hope Sisi grasps the nettle and reins in subsidies on fuel and electricity even at the risk of anger on the street, in order to avert a collapse in public finances.

    As a long-standing bulwark of the 30-year rule of Hosni Mubarak, during which the subsidy regime was entrenched, Egypt’s big business establishment has a voice that is likely to count with Sisi, whose probable victory in a vote to be held on Monday and Tuesday will restore a military man to Cairo’s presidential palace after the brief hiatus of Islamist control.

    The political and economic turmoil since Mubarak fell in 2011 and last year’s removal by Sisi of President Mohamed Mursi of the Muslim Brotherhood has exacerbated problems for a state budget, a whopping 13 percent of which is spent on letting businesses and consumers buy energy at well below market prices.

    #Egypte #subvention #pénurie #électricité #énergie
    Sur ce sujet, je renvoie au travail effectué par Jimmy Markoum sous ma supervision :
    Le développement du réseau de gaz naturel au Caire : une réforme qui pénalise les quartiers informels
    Markoum J., Verdeil E.
    Dans Quartiers informels d’un monde arabe en transition. réflexions et perspectives pour l’action urbaine - « Printemps arabes » et fabrique urbaine : enjeux relatifs aux quartiers informels et nouvelles perspectives d’action, séminaire Served, Paris : France (2011) - http://halshs.archives-ouvertes.fr/halshs-00857531
    ainsi qu’à son mémoire : Enjeux de la réforme des services urbains. La mise en place d‟un réseau de gaz naturel dans la région du Grand Caire http://dumas.ccsd.cnrs.fr/dumas-00660868