Egypt raises wide range of fuel prices - SABC News - Breaking news, special reports, world, business, sport

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

Egypt raised prices on a wide range of fuel products on Friday

on Friday, the official gazette said, pressing ahead with a promise it made to the International Monetary Fund more than a year ago as part of a $3 billion financial support agreement.

It also promised to make up for a slowdown in such increases over the previous year. But it subsequently hiked prices only once, in March 2023. The IMF this month expanded the financial support agreement to $8 billion to help Egypt overcome shocks to its economy caused by war in Gaza and after the government renewed its commitment to the reform measures, including a sharp devaluation of the currency.The official gazette, citing the petroleum ministry, said a quarterly pricing committee raised petrol prices on Friday by 1.00 Egyptian pound per litre, with 80 octane rising to 11.00 pounds, 92 octane to 12.50 pounds and 95 octane to 13.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 32. in FR
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

France Dernières Nouvelles, France Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Jhb Water says supply not at breaking point - SABC News - Breaking news, special reports, world, business,The past two weeks have seen many Johannesburg residents without water amid a persistent heatwave. As officials scrambled for answers, Tshwane was also facing
La source: SABC News Online - 🏆 32. / 51 Lire la suite »

Trump raises concerns about US ban on TikTok - SABC News - Breaking news, special reports, world, business,In 2020, Trump sought to ban TikTok.
La source: SABCNews - 🏆 37. / 51 Lire la suite »