Libyan gov't raises commercial price for kerosene as first step in reforms

Libyan gov’t raises commercial price for kerosene as first step in reforms

Libya’s internationally recognised government said on Wednesday it was sharply increasing the price of kerosene for industrial and commercial use as a first step to reform costly fuel subsidies and tackle smuggling. The price will rise to 0.85 Libyan dinars ($0.6) per litre, which is also the production cost, the economy ministry of the Tripoli-based...

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