NO. 26


Saudi Arabia

Saudi Arabia Reduces Prices of Gasoline and Other Services

Following ameeting of the Saudi Council of Ministers of 23 March, King Fahd ibn 'Abd al-'Azizof Saudi Arabia issued a decision ordering sizeable cuts in the prices of anumber of goods and services provided by the state. The package of price cuts,which is intended to alleviate the burden of the cost of living for Saudicitizens, includes a 38.2% reduction in the price of super gasoline for...