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Will Egyptians benefit from latest fuel price move?

Egypt’s Follow-up Committee for the Automatic Pricing Mechanism for Petroleum Products recently issued its quarterly decision on the trajectory of domestic fuel prices.

Taxis and cars are filled up with gas at Natural Gas Vehicles (NGV) petrol station in Cairo, Egypt , November 27, 2019. Picture taken November 27, 2019. REUTERS/Mohamed Abd El Ghany - RC2NRD9GMFKZ
Taxis and cars fill up at the Natural Gas Vehicles petrol station in Cairo, Nov. 27, 2019. — REUTERS/Mohamed Abd El Ghany

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