Egypt implements second fuel price hike in 2025
Africanews · Less Recent
Africanews
Less Recent
Egypt has raised the prices of a wide range of petroleum products, as reported by country officials. This marks the second fuel price increase this year, as part of the government's effort to cut subsidies and budget deficits.
Breakdown
- Egypt raises petroleum product prices for the second time in 2025.
- The latest price hike ranges from 10.5% to 12.9%, following a 15% increase earlier in the year. 16s
- The government will freeze domestic fuel prices for at least a year after this increase. 24s
- Diesel prices rise by two Egyptian pounds per litre, reaching about £17. 47s