Egypt's government raises fuel prices dramatically (8)

Taiwan News 2014.07.05 05:35
In long-awaited move, Egypt's government raises fuel prices by up to 78 percent Associated Press CAIRO (AP) - Egypt's state news agency says the government has raised the prices of fuel by up to 78 percent, following on a promise to cut subsidies that eat up nearly a quarter of the government's budget. The price hikes were in effect as of Friday midnight.
SUBSIDY, OCTANE, PRICE, FUEL, RAISE, BUDGET, Egypt