The Central African Republic announces an increase in fuel prices

Soukaina Sghir
Soukaina Sghir
1 Min Read

The Central African government announced on Tuesday significant increases in fuel prices in this Central African country, which regularly experiences problems with the supply of hydrocarbons.

The Central African Republic, the second least developed country in the world according to the UN, has been experiencing a dramatic shortage of fuel since March.

Oil suffered the biggest increase, with an increase of almost 80%. At the pump, it will now cost 1,150 CFA francs (1.75 euros) per litre, compared to 645 CFA francs (0.98 euros) previously.

Many stations have been experiencing supply difficulties for several months, giving rise to a lot of traffic.

The World Bank estimates that 71% of the approximately six million inhabitants live below the international poverty line (less than 2.15 euros per day per person). Nearly half suffer from food insecurity and depend on international humanitarian aid, according to the UN.

Maryam Lahbal

Share this Article
Leave a comment