The Arabist

The Arabist

By Issandr El Amrani and friends.

The NDP’s electricity bill

Last week, Al Masry Al Youm summarized a report issued by the South Cairo Company for the distribution of electricity, that put the outstanding electricity bill’s by the NDP as well as ten government-owned newspapers at LE22 millions.

The NDP economic reformers in cabinet can talk about attracting foreign investment forever, it will never take off as they desire if they don’t get these hidden subsidies and irregularities inside the state economy fixed.

(The fact that this report gets public probably indicates that the Nazif cabinet is serious about putting the state press on a sounder economic basis and cut corruption and mismanagement there.)

To pay the bills of their own party would be a good start, too. It's LE 59258.