Tunisians to experience another fuel price hike

The price of a litre of petrol will rise by 0.080 Tunisian dinars to 2.065 dinars ($0.6825)
FILE PHOTO: A gas station attendant pumps fuel into a customer’s car at a gas station in Shanghai, China November 17, 2017. REUTERS/Aly Song/File Photo

In an effort to rein in its budget deficit and reforms requested by the country’s International lenders, Tunisia raised fuel prices by about 4 percent this week. This is the country’s first hike this year.

The price of a litre of petrol will rise by 0.080 Tunisian dinars to 2.065 dinars ($0.6825),

Tunisia raised petrol prices four times last year.

The International Monetary Fund has pressedTunisia to trim its budget deficit and increase fuel and electricity bills to offset a rise in oil prices that is pressuring already strained public finances. The country has dropped into a deep economic slump following the ousting of its former leader, Zine El-Abidine Ben Ali in 2011.

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