Egypt's president defends metro fare hike after protests

17 May 2018 2:15 PM

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Egypt's president defends metro fare hike after protests

Egypt's president has defended his government's surprise decision to hike Cairo subway fares, which sparked rare protests in which 21 people were arrested.

President Abdel-Fattah al-Sisi said in televised remarks on Wednesday that the metro fare hike was needed to preserve the public service and improve quality.

Last week authorities more than tripled the standard fare from 2 to up to 7 pounds (40 cents) as part of austerity measures. It was the second round of subway fare hikes since March 2017.

In recent years the government has slashed subsidies and allowed the currency to float, causing the prices of basic goods to soar. The austerity measures have taken a heavy toll on poor and middle-class Egyptians.

Source: news24.com

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