An official at the Ministry of Electricity said that the total arrears of the nine electricity distribution companies across the republic owed by the government and administrative bodies amounted to EGP 30bn. He explained that the entitlements of the electricity sector from the business sector amounted to EGP 4bn. Moreover, the debts of economic bodies to the electricity sector registered EGP 2bn. The official pointed out that the entitlements of the electricity sector owed by the local administrations of the state reached EGP 2bn. The debts of the private sector companies to the Ministry of Electricity amounted to EGP 1bn, while debts of the Ministry of Investment’s private companies reached EGP 1bn.

Source: Daily News Egypt July 11, 2017 15:00 UTC