KM Financial Solutions | Egypt hikes Cairo metro fare in latest austerity measure
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Egypt hikes Cairo metro fare in latest austerity measure

Egypt hikes Cairo metro fare in latest austerity measure

CAIRO, May 10 (Reuters) – Egypt will raise the price of
tickets on Cairo’s loss-making metro from Friday, state news
agency MENA reported on Thursday, more than tripling some fares
as the government looks to tighten its finances amid IMF-backed
austerity measures.

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