00:00Mustafa Madbouli said during a cabinet meeting that the government faced a choice between maintaining current prices,
00:07a move that would have imposed heavy costs on the state or raising them to shield the economy from the
00:13effects of the war.
00:16We had two choices. Either we theoretically decide to leave things and see how far it is going.
00:23However, we knew that there is a risk and we don't know how long the time frame is.
00:28And we try to maintain prices. This would cause huge losses for the state.
00:35Or we take this proactive measure now because our only goal is to ensure the continuation of life.
00:41Egypt raised prices by as much as 30% on Tuesday. The country depends heavily on imported fuel.
00:49Cairo has called the attacks on Gulf countries unjustifiable.
00:56When political and diplomatic solutions reached a dead end and this crisis erupted, it wasn't confined to one country.
01:05The conflict spread to other countries, particularly through the unjustified, unacceptable and utterly reprehensible targeting of our brotherly Arab Gulf
01:15states,
01:15as well as our sister nations, Jordan and Iraq, and also friendly countries like Azerbaijan and Turkey.
01:24As I mentioned, these are reprehensible, unacceptable and unjustifiable attacks that cannot be excused by any reason whatsoever.
01:40To mitigate the impact of the war, Egypt has announced a series of measures, including cutting official overseas trips and
01:48tightening fuel consumption across sectors.
01:51Thepresa Separation of truck beaches
01:51The Adventures of the Lakes Britain
01:51The Adventures of the Lakes
01:52The East
01:53The fotografies
01:53So, the
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