Tunisia raises fuel prices by 4 percent, 3rd hike in 2018

(MENAFN) Tunisia was revealed to have implemented a hike in its fuel prices by 4 percent, marking the third increase within 2018.

It comes amid the Tunisian government's efforts to reduce the budget deficit, a main requirement of international lenders.

Tunisia's energy ministry declared the price of a liter of petrol to be increased to USD0.741, after the two previous boosts which occurred in March and January this year.

It comes as the International Monetary Fund called on the country to increase its energy prices and urged for the retirement age to help cut the budget deficit.


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