Video | Fuel price hikes: ‘It is what it is’
We take walk through the streets of Cairo to speak to some of those affected by the recent increase in fuel prices, from tuk tuk drivers and hospitality staff to consumers, many of whom speak with resignation about bearing the burden of price hikes.
تقارير ذات صلة
Reading the fuel leaves: Why Egypt kept oil prices steady despite plunge in Brent crude benchmark
The state budget for the current fiscal year allocated LE52.9 billion in subsidies for petroproducts, a 40 percent decrease from the previous fiscal year
MP: New fuel pricing mechanism ‘rushed’ through to appease IMF on subsidy cuts
The price of liquified petroleum gas cylinders has increased sevenfold since 2014
How oil hedging could allow Egypt to lift fuel subsidies despite rising international prices
Hedging could allow Egypt to continue austerity measures without leaving the local market vulnerable
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