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Kuwait under fire for raising diesel prices

Prices of diesel and kerosene were increased threefold

The Kuwait government was criticised by MPs for failing to take necessary actions after the raising of diesel prices, Kuwait Times has reported.

The government implemented the first lifting of public subsidies with the start of the new year, raising the price of diesel and kerosene from just 55 fils to 170 fils per litre.

Some MPs demanded an immediate reversal of the decision.

Transport is one of a number of local sectors affected by the three-fold increase.

The Kuwait ministry said that the price of diesel and kerosene will not be raised for building material companies.

The lifting of subsidies on diesel, kerosene and fuel aviation was the first step to reduce public subsidies estimated to cost the government more than $17bn.

Staff Writer

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