Sisi delays cuts in fuel subsidies as Egyptian intelligence warns of violent protest

Special to WorldTribune.com

CAIRO — Egypt has delayed plans to cut fuel subsidies.

Egyptian President Abdul Fatah Sisi.  /FP/HO/Egyptian Presidency
President Abdul Fatah Sisi. /FP/HO/Egyptian Presidency

The Egyptian daily Al Masri Al Yom reported that the subsidy reduction was to have taken place before Sisi’s inauguration on June 8.

The newspaper, quoting a Cabinet source, said Egypt’s intelligence community warned of a wave of violent protests by the opposition, particularly the ousted Muslim Brotherhood.

Sources said Egypt’s new president, Abdul Fatah Sisi, ordered a suspension of plans to reduce fuel subsidies. They said Sisi wanted to re-examine the proposal and determine the timing of slashing subsidies.

“The plan will be implemented, but it’s not clear when,” a source said.

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