Middle East Economic Survey
VOL. XLVIII
No 44
31-October-2005
IRAQ
Iraq Plans Major Petroleum Product Price Hikes By Year-End
Iraq plans to more than double the price of petroleum products by the end of the year in a long-awaited move aimed at cutting the economic incentive for smuggling and black market sales at prices above those set by the government. Regular gasoline will be increased from ID20/liter to ID50/liter, premium gasoline will be increased from ID50 to ID100/liter; diesel will be...
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