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A very clear statement indeed from the Egyptian officials "No power cuts where it matters!"
Certainly demonstrates the Egyptian governments priorities and just how much Sisi and the Egyptian bureaucracy cares about the welfare of it's ordinary people!
But then it's our Western Banks and governments gangster like tactics along with the USA of course that to a large extent to are to blame, no wonder there are revolutions!
Hi Siko,
Thank you for the explanation and can understand your point about Egypt's need to earn foreign currency .
However that said the vast majority of the accruing debt that poorer nations and third would countries are never going to able to repay is against foreign fiat currencies loans created out of thin air on a bank computor screen.
https://debtjustice.org.uk/blog/egypt-blog-3-who-will-pay-the-price
After being revealed by the Israeli newspaper Calcalist and WikiLeaks, the proposal is getting attention in the Israeli and Egyptian critical press. Tel Aviv appears to be in talks with Egyptian president Abdel Fattah al-Sisi about Egypt taking in Gazans and settling them in Sinai, in exchange for the cancellation of all its debts to the World Bank!
https://progressive.international/wire/2024-02-02-israels-latest-weapon-against-palestine-is-egypts-debt/en
"As Egypt's regime inches closer to fresh dollars, Egyptians continue to be shocked by monthly inflation in the range of 30%"
https://www.newarab.com/analysis/will-egypts-imf-bailout-dispel-domestic-money-fears
As an Egyptian, I'm not happy of course about the power cuts. I have immediate family members in Egypt who suffer of course when this happens.
The main reason the government is doing this is because they want to save on the foreign currency they pay for the imported gas which keeps the power stations running. By cutting the power on a producing project like Alsukary, the production will decrease, and hence the government's share from the profit, which is in foreign currency. The same applies to tourists areas in the Red Sea and Sinai (Sharma Elshikh), so if they cut the power from these areas they are making the problem worse, and hence they exempted those areas from the power cuts..
Also no Egyptians asked at all to cut the power on those areas because they understand of course, but they are angry that some affluent areas are exempt..
Hi Siko & Cowichan,
Thank you both for your input on the subject of a reliable electricity supply, even in the UK and certainly since privatisation of the energy companies and the national grid infrastructure the energy supply is unable to cope with adverse weather conditions and the reliability of supply in certain area's is far less dependable than it once was or should be now!
This is due to an outdated grid infrastructure running at it's upper limits and the decision to increase profits by to greatly reducing and getting rid of local depot's teams of stand by line maintenance crews and instead depending on regional contracted in maintenance teams who have to be pulled in from other work when needed.
As you may be aware the situation of reliability of energy supply in the USA is rather fragile as the grid infrastructure is in an appallingly bad state in many outlying areas and one of the reason so many wild fires occur due to the collapse of power lines and sparks from poorly insulated grid equipment and lines.
But as to Sukari it seems very apparent that the Egyptian national grid is not capable of a consistent and reliable supply otherwise there there wouldn't be the power cuts to the ordinary citizens.
That said not only is rationing the ordinary Egyptian peoples electricity supply morally wrong it is unhealthy and may also create resentment on the peoples part if they are suffering power cuts in order to keep foreign industry running at full pelt, so would be very unwise not to retain a fully maintained and ready Sukari electricity back up.
Is that so?
On the Egyptian Uprising Against Electricity Cuts
April 18, 2024 at 8:18 am - by Mostafa Abdelsalam
The Egyptians’ uprising, this time against cutting off electricity, which resembles an Intifada, has valid and logical reasons. In addition to suffering from total darkness and the social and security problems it causes, the deteriorating living conditions, food spoilage, damage to electrical and household appliances, such as televisions, refrigerators, air conditioners and fans, and people being stuck in elevators for more than an hour, Egyptian families are approaching school and university exam dates, which fall in May and June.
Moreover, the crisis is also close to the summer months and, if the power cuts start from now, what will the situation be like when the scorching heat descends on Egyptians during the summer months?
Cutting off electricity will not only affect the livelihood of Egyptians, raise their anxiety and disturb their daily lives, but may also extend to vital sectors such as production, tourism, agriculture, economic growth and businesses.
This is a major issue if we are talking about real plans to encourage direct investment and increase state revenues through the vital export sector. Export contracts will not be signed in the midst of power outages and an increase in the cost of production, taxes and fees.
While one of the reasons given by the government for cutting off electricity since last 17 July is related to the lack of foreign currency needed to finance the import of fuel from abroad, what is the justification now, after tens of billions of dollars have flowed into the state in the past few weeks, whether from the Ras Al-Hikma deal, international institutions loans or hot money exceeding $17 billion?
The Egyptians feel that there is something fishy going on with regards to the electricity cuts because the aforementioned questions and others have no satisfactory answers, most notably: Should the Egyptian citizen have to sacrifice for the well-being of their European counterpart, who enjoys stable electricity, gas at an acceptable price and excellent services in all sectors?
https://www.middleeastmonitor.com/20240418-on-the-egyptian-uprising-against-the-electricity-cuts/