Egypt's govt denies rumors on increasing prices of basic commodities due to increase of gasoline prices

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Tue, 27 Apr 2021 - 11:41 GMT

 Derrick Washington fills-up after waiting in line for gasoline at the Fuel City service station in the aftermath of Hurricane Harvey, in Dallas, Texas, U.S., September 1, 2017. REUTERS/Brandon Wade

Derrick Washington fills-up after waiting in line for gasoline at the Fuel City service station in the aftermath of Hurricane Harvey, in Dallas, Texas, U.S., September 1, 2017. REUTERS/Brandon Wade

CAIRO - 27 April 2020: The media center of the cabinet denied on Tuesday rumors regarding the increase in the prices of basic food commodities due to the increase of the gasoline prices.

 

The Ministry of Supply said that the news is void of truth, the center said in a statement on Tuesday.

 

The ministry asserted that the prices are stable in all the subsidies outlets, the center said.

 

The ministry lauded the control on the state-owned supermarket chains and the markets in the different governorates.

 

The ministry urged the media means to be accurate about the information they publish.

 

On April 23, the Egyptian government increased the fuel prices morning by 25 piasters, with keeping the prices of diesel and mazut.

 

Egypt's Fuel Automatic Pricing Committee (FAPC) said the per-liter prices of 80-octane, 92-octane, and 95-octane gasoline will be sold at LE 6.50, LE 7.75, and LE 8.75, respectively.

 

As for the mazut (heavy fuel oil) for factories, the per-ton price kept unchanged at EL 3,900, while the price of the gasoline remained untouched at 6.25 per liter.

 

In July 2019, Egypt announced applying the fifth and final tranche of fuel subsidies cut.

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