Egypt increased fuel prices Friday in its latest round of subsidy cuts under a reform package agreed with the International Monetary Fund, authorities said.
The latest cut in fuel subsidies is a condition of a $12-billion loan secured from the IMF in November 2016.
It is the fifth and final hike in petrol prices as Egypt prepares to receive the last $2-billion tranche from the monetary body.
Since President Abdel Fattah al-Sisi took power in 2014, his government has enforced a strict austerity programme designed to jump-start the economy.
The economy took a battering in the immediate aftermath of the revolution that ousted long-time autocrat Hosni Mubarak in 2011.
Direct foreign investment has grown to record levels but the country's debt and essential household costs have ballooned.
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In May, electricity bills were raised by around 15 per cent.
Egyptians have had to contend with belt-tightening measures that have seen living costs soar since the pound was devalued in November 2016.
The Washington-based body commended Cairo in April for its "substantial progress".