{"id":183534,"date":"2024-10-29T12:57:31","date_gmt":"2024-10-29T10:57:31","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/north-africa\/egypt\/egyptian-government-implements-third-fuel-price-hike-at-the-behest-of-the-imf\/"},"modified":"2024-10-29T12:57:31","modified_gmt":"2024-10-29T10:57:31","slug":"egyptian-government-implements-third-fuel-price-hike-at-the-behest-of-the-imf","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/north-africa\/egypt\/egyptian-government-implements-third-fuel-price-hike-at-the-behest-of-the-imf\/","title":{"rendered":"Egyptian Government Implements Third Fuel Price Hike At the Behest of the IMF"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"29\"><em>The fuel price hike announced on October 18 in Egypt is a part of its government&#8217;s commitment to the IMF to eliminate fuel subsidies in phases by December 2025.<\/em><\/p>\n<p class=\"story-body-text\" data-para-word-count=\"46\">The IMF has brought about fuel price hikes for the third time this year in Egypt, deepening the cost of living crisis and eating further into household incomes at a time of <a href=\"https:\/\/www.theguardian.com\/global-development\/2023\/may\/08\/inflation-imf-austerity-and-grandiose-military-plans-edge-more-egyptians-into-poverty\" target=\"_blank\" rel=\"noopener\">growing poverty<\/a>, into which increasing sections of the middle class have fast been sinking.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"58\">On the heels of previous hikes in March and again in July, the Egyptian&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202410280027.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 North Africa <a title=\"Egypt\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/north-africa\/egypt\/\">Egypt<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The fuel price hike announced on October 18 in Egypt is a part of its government&#8217;s commitment to the IMF to eliminate fuel subsidies in phases by December 2025. The IMF has brought about fuel price hikes for the third time this year in Egypt, deepening the cost of living crisis and eating further into [&hellip;]<\/p>\n","protected":false},"author":6,"featured_media":183535,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[338],"tags":[258,256,49850,415,6639,7570,6427,10730,1283,31623,257,8689,254],"class_list":["post-183534","post","type-post","status-publish","format-standard","has-post-thumbnail","category-egypt","tag-africa","tag-africa-news","tag-behest","tag-egypt-news","tag-egyptian","tag-fuel","tag-government","tag-hike","tag-imf","tag-implements","tag-news","tag-price","tag-south-africa-today"],"fifu_image_url":"https:\/\/cdn08.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/183534","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=183534"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/183534\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/183535"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=183534"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=183534"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=183534"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}