Egyptian government on Thursday increased gasoline and diesel prices in the second fuel hike since a currency floatation in November last year.

Fuel price increases had been widely expected as part of Egypt’s $12 billion International Monetary Fund loan agreement, but the hikes were bigger than anticipated by Egyptians already hit by a weaker currency and higher living costs.

Petroleum Minister Tarek El Molla told Reuters that the price of 92-octane gasoline rose to five Egyptian pounds ($0.2767) from 3.5 pounds per litre and diesel and 80-octane, the most commonly used fuel category, increased to 3.65 pounds per litre from 2.35 pounds per litre.