No. 36



Parliament Approves 5% Rise In Gasoline And Diesel Prices

Yemens parliament on 19 August approved a 5% rise in gasoline and diesel prices to finance a new road maintenance program. The cost of one liter of gasoline will rise from YR35 ($0.22 at the current exchange rate of $1 = YR161.2) to YR36.75, and one liter of diesel will cost YR10.50 instead of YR10. The changes await ratification by the cabinet and the president. In June 1998 at least 34 people...