Cameroon Cuts Fuel Subsidies As Fuel Price Rise  

1 de feb. de 2023 · 54s
Cameroon Cuts Fuel Subsidies As Fuel Price Rise  
Descripción

Fuel prices in Cameroon will rise by about 15% after the government agreed to pressure from the International Monetary Fund to cut fuel subsidies. A litre of diesel will rise...

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Fuel prices in Cameroon will rise by about 15% after the government agreed to pressure from the International Monetary Fund to cut fuel subsidies.
A litre of diesel will rise from 575 CFA francs to 720 CFA francs, while petrol will sell for 730 CFA francs from 630 CFA francs.
The prime minister's office also announced a 5.2% pay rise for public service workers as a cushion to the impact of the increase in fuel prices.
Many unions had urged the government to increase the minimum wage for the private sector.
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Autor Africa Business Radio
Organización Africa Business Radio
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