Fuel prices to increase up to 78%: CAPMAS
Petrol station - YOUM7

CAIRO: Following the government’s decision on Friday to raise the price of fuel by 78 percent, the Central Agency for Public Mobilization and Statistics (CAPMAS) released a report Saturday which listed the effects of the increase on transport fees.

The Cabinet has decided to increase prices of fuel by 0.70 EGP to 0.75 EGP ($0.04-$0.05) per liter.

The report said the increase in the fees of microbus is between 0.10 EGP and 0.62 EGP per person. The rise represents 2.1 percent to 7.00 percent depending on the routes and region.

The increase in the taxi fees is estimated at 1.4 EGP and represents 5.6 percent, said the report.

Al-Shorouq newspaper cited Saturday an anonymous source saying that the increase in the diesel price stands at 70 percent per liter, raising the price from 1.10 EGP to 1.80 EGP per liter to 1.8 EGP.

The price of  92 Octane gas was raised from 1.85 EGP to 2.60 EGP per liter while the price of 80 Octane gas was raised from 0.90 EGP to 1.60 EGP per liter.

95 Octane gas was raised from 5.85 EGP to 6.25 EGP per liter while the price of natural gas was raised from 0.40 EGP to 1.10 EGP per liter, according to Al-Masry Al-Youm.

In response to the rise of fuel prices, a number of taxi and microbuses protested and started an open strike.

In Minya, clashes broke out Saturday between a number of passengers and taxi drivers after applying the new prices, reported Youm7.

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