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Fox News: Egypt's government raises fuel prices by up to 78 percent to address staggering deficit

Started by riky, July 05, 2014, 09:00:30 AM

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riky

Egypt's government raises fuel prices by up to 78 percent to address staggering deficit

Egypt's government raised the prices of fuel by up to 78 percent starting Saturday, following on a promise to cut subsidies that eat up nearly a quarter of the state budget, the official news agency reported.<img src="http://feeds.feedburner.com/~r/foxnews/world/~4/h9VsKUxTnq8" height="1" width="1"/>

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