Tunisia acknowledges the fifth increase this year for fuel prices

Tunisia acknowledges the fifth increase this year for fuel prices

The Ministry of Industry, Energy and Mines in Tunisia announced a new increase, which is the fifth year, for fuel prices by more than 6 %.
The increases included gasoline and diesel prices.
Tunisia is adjusting fuel prices periodically in an effort to reduce the support bill and reduce pressure on public finances.
The decision was issued in the Official Gazette, approved the amendment of the rate of increase in the prices of energy materials, to reach the maximum of 7 %.

The Ministry attributed the new increase to the shrinking supplies, the high cost of supplying petroleum products since the beginning of the year, and the high price rate for Brent crude, amid expectations that the level of 100. 5 dollars per barrel will reach the end of 2022..

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