Saturday, April 20, 2024
BusinessThird fuel price adjustment in nine months goes into effect

Third fuel price adjustment in nine months goes into effect

Authorities raised fuel prices by about 10 percent, the third adjustment in less than nine months, as the government continued its plan to phase out fuel subsidies in a year.
A litre of diesel increased by 13 percent to 67.3 birr, while benzene increased by seven percent to 61.29 birr a litre, the Ministry of Trade & Regional Integration announced. Starting at Midnight, tonight, the new price will be in effect.
[speaker]
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