Egyptians rage as fuel prices soar by up to 15% ...Kuwait

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Egyptians rage as fuel prices soar by up to 15%
On Thursday, Egyptians expressed much anger towards the government of President Abdel Fattah al-Sisi after a sudden price increase by up to 15 per cent of all types of fuel was imposed, ​​​the second controversial move by authorities since March. The new prices, stipulated by the Ministry of Petroleum and Mineral Resources, as of 6 AM (4 AM GMT), came ahead of a scheduled third review of the expanded US$8 billion loan programme from the International Monetary Fund (IMF), due on 29 July. Upon completion of the review, Egypt is expected to receive an instalment of about US$820 million. The IMF deal dictates that Egypt lowers subsidies of petroleum products and food supp

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