VOL. XXXVIII

NO. 42

17-JULY-1995

Algeria

Second Rise In Algerian Gasoline Prices This Year

Algeria announced on 11 July that domestic gasoline prices have been raisedin line with government measures to reduce subsidies and consumption. Accordingto the state-owned Naftal distribution company, the price of high-grade gasolinewas increased from AD12.4 to AD14.5/liter ($0.25 to $0.29/liter at the exchangerate of $1 = AD50), while regular gasoline was raised from AD10.4 toAD12.5/liter ($0.21 to...