Egypt’s energy subsidies represented 7% of the GDP and 22% of the national budget, significantly more than health and education expenditures combined. ESMAP's technical assistance informed the government of socially responsible ways of…
The total value of energy subsidies worldwide is large—estimated at US$493 billion in 2014—and widespread; in 2013 they exceeded one percent of GDP in 31 countries. There are several problems with energy subsidies, some more evident than…
