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English news

31-Jan-2016

Fuel smart cards distributed to 56% of vehicles in Egypt so far

Egypt's government has distributed 3.2 million smart cards for fuel rationing to vehicles, out of a total of 5.7 million vehicles countrywide, the head of card issuing company E-finance, Ibrahim Sarhan, was quoted as saying by Al-Ahram newspaper on Thursday. Some 14,000 tuk-tuks, widely used in streets unreachable by public transportation, have also received their smart cards. The smart card system aims to crack down on smuggling and reduce the energy subsidy bill in the state budget. President Abdel-Fattah El-Sisi postponed the implementation of the system last June to ensure that all sectors that need the cards are covered, including farmers, fishermen, tuk-tuk drivers and other vehicles. (ahramonline)

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