Thursday, August 11, 2022
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Taxes and fuel prices will have to be increased further in the next 6 months – Finance Minister

Taxes and fuel prices are set to rise further in the next six months, Finance Minister Mohamed Ali Sabri said.

He has stated that although these are not popular decisions, there is no other option to rebuild the country in the current situation.

He also said that the country needs another US $ 3 billion in foreign aid to import food, fuel and medicine in the next six months, adding that it would be extremely difficult to obtain it.

Finance Minister Mohamed Ali Sabri made the remarks in an interview with Reuters, the world’s leading international news agency.

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