VOL. XXXI

NO. 19

15-FEBRUARY-1988

IRAQ

Iraq Imposes Surcharge on Gasoline and Diesel Prices

The Iraqi Government has issued a Decree Law No. 955 published in theOfficial Gazette on 11 January imposing a surcharge of ID0.015/liter andIDO.020/liter on the retail prices of motor gasoline and diesel oil respectivelywith effect from 1 January. The surcharge is intended to cover all motorvehicles road taxes and insurance premiums in the country. Gasoline now retailsat IDO.90/liter (equivalent to 28.9 US...