No Increase in consumer prices following new fuel fees – Minister

Cairo – Mubasher: Prices of gasoline and diesel fuel at filling stations will not increase after the Egyptian parliament approved new fees on Monday, the finance minister Mohamed Maait said.

The parliament approved a draft amendment to impose a state development fee of EGP 0.30 per litre of gasoline and EGP 0.25 per litre of diesel, Maait added in a statement.

The new fees are already included in the prices and citizens will not bear any new costs. The amendment involves accounting adjustments between the finance and the petroleum ministries.

Mubasher Contribution Time: 05-May-2020 07:59 (GMT)
Mubasher Last Update Time: 05-May-2020 07:59 (GMT)