VOL. XLIV

No. 15

9-APRIL-2001

TURKEY

Turkey Raises Fuel Prices Again

The continuing economic crisis in Turkey and the decline in the value of the Turkish lira against the dollar has forced the authorities to raise fuel prices for the third time since the end of February, with the prices of gasoline, diesel and kerosene increasing by 20.9%, 17.7% and 18% respectively on 4 April. At the beginning of March, prices for petroleum products, gas and electricity were increased by 10% (MEES, 5 March),...