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Gasoline prices vary in 16 Arab countries
24/4/2018 12:00 am [rtl]Capitals / follow-up morning By the beginning of 2018, several Arab countries have accelerated the increase in gasoline prices in an attempt to cover part of the budget deficit or under commitments with the International Monetary Fund. The figures of 16 Arab countries show a split between prices that have remained unchanged and those that have increased, while most countries suffer financial pressure due to various economic, political and security factors, whether domestic, regional or international. The reduction in the price of Qatari fuel came after the price was revised up 6 times before it was cut this month. The remaining 10 countries are Oman, Saudi Arabia, Bahrain, Kuwait, Iraq, Egypt, Yemen, Libya and Syria. But prices have risen by official decisions in five countries - Algeria, Tunisia, Morocco, Lebanon and Jordan. The price of a liter in Libya is the lowest among the 16 countries concerned, with only 16 cents supported by the state, followed by Egypt with 28 cents, Kuwait with 34 cents, Algeria with 37 cents and Qatar with 49 cents. All these countries do not exceed the price of a liter Half a dollar, or 50 cents at its maximum. Countries in which the price of a liter is between 50 cents and one dollar are: Bahrain is 53 cents per liter, followed by Saudi Arabia 54 cents, Oman 56 cents, Syria 0.63 cents, UAE 63 cents, Tunisia 77 cents, Jordan 80 cents, Iraq 84 Cents for improved gasoline, and Lebanon for 87 cents. Among the 16 countries, the price of a liter rises above the dollar level, recording $ 0.20 in Morocco, and jumping in Yemen to a higher margin between $ 40 and 40 cents in Sanaa and dollars and 30 cents in Aden. The reason is that the capital is subject to a blockade while trade with Aden enjoys a higher freedom Much. Fuel pricing in these countries varies between countries that change fuel prices when needed, others with monthly adjustments, and countries that change them quarterly, such as Tunisia at the request of the International Monetary Fund, and weekly as in Lebanon. The IMF has recommended to the Tunisian authorities to take severe measures to address the imbalance in their public finances, including increased tax revenues, the curbing of wage increases and the adoption of quarterly increases in fuel prices[/rtl] [rtl]http://www.alsabaah.iq/ArticleShow.aspx?ID=156023[/rtl] |
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