February 27th, 2018

10:00 am to 12:00 pm

Location: Fairmont Nile City| Lavender room | 2005 Nile Courniche

 

The IFPRI-Egypt Seminar Series is part of the United States Agency for International Development (USAID) funded project called “Evaluating Impact and Building Capacity” (EIBC) that is implemented by IFPRI. The seminar supports USAID’s Agribusiness for Rural Development and Increasing Incomes (ARDII) project’s objectives.

"Opportunities of Energy Subsidy Reform for Sustainable Development in Egypt"

In order to address long-standing economic challenges, in 2016 the Government of Egypt put in place a major economic reform program to restore macroeconomic stability and to promote inclusive growth. As a result, there are early signs that the economy is rebounding and Egypt’s economic outlook is becoming more favorable.

The objective of this seminar is to review the impact of the economic reforms to date and to discuss evidence-based options for further reforms, especially related to phasing out energy subsidies. Major questions to be addressed during the seminar are: a) how has the economic reform program affected different sectors and households b) what are the likely impacts of further cuts in energy subsidies c) which role did/will food subsidies and cash transfers play for households d) what are the policy options to maximize the benefits of further reform steps?

To shed light on these and related questions, IFPRI will present results from a study that is based on data and economy-wide training workshops with the Central Agency for Public Mobilization and Statistics (CAPMAS) and the Ministry of Planning, Monitoring and Administrative Reform (MOPMAR). Representatives of CAPMAS, MOPMAR, and the World Bank will present their views and recommendations.