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Egypt Will Remove Industry Subsidies Over Time, Ahram Reports

Egypt plans gradually to remove subsidies for the cement, fertilizer and iron and steel industries, the state-run Ahram reported, citing Hatem Saleh, the industry and foreign trade minister.

The policy, which was agreed on during a national dialogue between the government and businessmen, will also include the gradual removal of subsidies for the food industry, the newspaper said.

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