Syria Doubles Diesel Prices to Cut Cost of Subsidies

Syria has nearly doubled the price for diesel fuel to cut back on the cost of maintaining generous subsidies to the population after two years of war that crippled its economy.
The new official price of 60 pounds (33 U.S. cents) for a liter of diesel from state petrol stations is still a fraction of the commercial price for the fuel on the black market, the only way it is available in many parts of Syria.
Even in government-held areas, petrol stations that sell subsidized fuel …

Powered by WPeMatico

This entry was posted in Business. Bookmark the permalink.

Comments are closed.