Jordan Hikes Petroleum Products, Electricity Prices
Jordan announced on 3 April it was raising the prices of petroleum products by an average of 8.6% in an effort to curb the JD293mn ($413mn JD1=$1.40) budget deficit. The price rises, the first since May 2003 (MEES, 12 May 2003), will see regular gasoline increase by 10% to JD0.330/liter, with LPG rising 8.3% to JD3.25/cylinder and premium gasoline up 8.8% to JD0.435/liter. Asphalt was increased by 24% to...
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