VOL. XLII

No. 38

20-September-1999

IRAQ

Iraq Raises Domestic Prices Of Oil Products

The Iraqi Government on 9 September raised the domesticprice of petroleum products for the third time in less than a year, in the hopeof curbing domestic consumption and discouraging smuggling. The price ofregular in-town gasoline was doubled from ID10 to ID20 per liter, while regulargasoline for highways and border stations (most of which is smuggled over theborder as it fetches a higher price in neighboring...