Arab Today, arab today jordan to raise fuel prices up to 53 percent
Last Updated : GMT 22:49:43
Arab Today, arab today
Arab Today, arab today

Jordan to raise fuel prices up to 53 percent

Arab Today, arab today

Arab Today, arab today Jordan to raise fuel prices up to 53 percent

Amman - AFP

Jordan announced on Tuesday it would raise fuel prices by up to 53 percent, as the country faces a budget deficit of around $5 billion (3.9 billion euros), state television said. \"Trade and Industry Minister Hatem al-Halwani decided to adjust the price of fuel, raising the cost of household gas from 6.5 dinars to 10 dinars per cylinder,\" a 53 percent rise, state TV said. \"A litre of octane petrol (will rise) from 0.71 dinars to 0.80 dinars,\" it added. Prime Minister Abdullah al-Mansur told the television \"the total budget deficit for 2012 is 3.5 billion dinars (around $5 billion),\" adding that \"the financial situation in the country has been greatly affected by the Arab Spring... The economic situation is very precarious.\" \"The decision to re-examine fuel subsidies needed to be taken two years ago,\" Mansur said, adding that the government would subsidise low-income families to help with the higher prices. Meanwhile, around 200 people demonstrated in Amman against the price hike, chanting \"Mansur out,\" and holding banners that read \"revolution of the hungry.\" Jordan, which imports 95 percent of its energy needs, is struggling to find alternatives to unstable Egyptian gas supplies, which normally cover 80 percent of the kingdom\'s power production. Since 2011, the pipeline supplying gas from Egypt to both Israel and Jordan has been attacked 14 times. With desert covering 92 percent of its territory, Jordan is one of the world\'s 10 driest countries and wants to use atomic energy to fire desalination plants to overcome its dire water shortage.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today jordan to raise fuel prices up to 53 percent Arab Today, arab today jordan to raise fuel prices up to 53 percent

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today jordan to raise fuel prices up to 53 percent Arab Today, arab today jordan to raise fuel prices up to 53 percent

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today How to do your own Ramadan corner?

GMT 15:53 2017 Saturday ,27 May

How to do your own Ramadan corner?
View News in Arabic - Business: نفط وبتروكيماويات
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday