Egypt raises cooking gas price ahead of IMF, risks unrest


CAIRO (Reuters) - Egypt sharply raised the price of cooking gas on Monday, trimming the energy subsidies that are crippling its budget but risking further unrest among a population impoverished by economic crisis.

The supply ministry said cooking gas cylinders for residential use will cost 60 percent more, and they will double in price for businesses.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Russia detains journalist Kevorkova, son says
IAEA chief seeks tougher nuclear checks in Iran, with limited leverage
EU ends rule of law proceedings against Poland under liberal Tusk
Trump to return to New York courtroom for criminal hush money trial
Lamborghini bros no more: Crypto is creating a new wealth effect
Amazon driver fatally shoots person trying to steal vehicle at gunpoint, US cops say
Microsoft ties pay for top bosses to meeting cybersecurity goals
TikTok’s boss goes from reserved tech exec to Met Gala chair
Russia to practice tactical nuclear weapon scenario to deter West - defence ministry
Italy's white-collar mafia is making a business killing

Others Also Read