Egypt Removes Petrol Price Subsidies After Devaluing Currency
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Egypt Removes Petrol Price Subsidies After Devaluing Currency

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Added by Headlines Africa in Egypt
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Egyptians woke up to increased petrol prices, a day after the government announced that it was devaluing its currency, the pound. Petrol prices are up by between 15 and 20 percent as the government implements a raft of austerity measures aimed at reforming the economy. Yasser Hakim reports from Cairo.

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