The Middle East News Agency quoted Prime Minister Sherif Ismail as saying that the decision had been taken to ensure state subsidies go only to the deserving.
"The current period permits of no delay in taking such critical decisions which are part of the reform programme adopted by the government to rectify the previous course," Ismail said.
He added that the move was primarily meant to enhance public services.
This is the second fuel increase since the Egyptian currency was floated in November as part of a plan to cut state subsidies to ease the budget deficit.
(This story has not been edited by Social News XYZ staff and is auto-generated from a syndicated feed.)
Doraiah Chowdary Vundavally is a Software engineer at VTech . He is the news editor of SocialNews.XYZ and Freelance writer-contributes Telugu and English Columns on Films, Politics, and Gossips. He is the primary contributor for South Cinema Section of SocialNews.XYZ. His mission is to help to develop SocialNews.XYZ into a News website that has no bias or judgement towards any.
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