VOL. XXXVIII

NO. 29

17-APRIL-1995

Algeria

Algeria RaisesGasoline Prices

The AlgerianMinistry of Industry and Energy has issued a decision providing for an increasein the retail prices of gasoline and gas oil by amounts ranging between 8% and10% with effect from 7 April, as part of government measures aimed at balancingthe budget and regulating the pricing system with a view to reducingconsumption.

The decision raises the price of high-grade gasoline from AD11.4 toAD12.4/liter ($0.26 to $0.29/liter...