VOL. XLII

No. 21

24-May-1999

IRAQ

Iraq Raises Price Of Gasoline

Iraq痴 Oil Ministry has raised the price of local premiumand regular gasoline. The Oil Ministry put up the price of premium gasolinefrom ID30/liter to ID40/L, and that of regular gasoline from ID10/L to ID15/L.The government has also increased the domestic price of gasoline for highwaysand border stations (most of which is smuggled over the border as it fetches ahigher price in neighboring countries) to ID20/L from ID15/L. However, in...