Fuel price to be doubled after consumption of 60 liters per month
Photo: archive
Cars’ owners will pay a very high price of fuel after consuming between 60 and 80 liters per month.
According to the project, which is still going at the government level, the state’s support for the fuel will include the quantity that will be specified every month, and the price will doubled dramatically.
Informed sources revealed that the government is planning to introduce the project next year, and this after providing the necessary means for its application, which are the card of filling fuel, which Echorouk already referred to last week.
This smart card will be delivered for each gray card holder, according to Echorouk sources.
It is known that the removal of subsidies on fuel or reducing its consumption to ease the costs on the state treasury was always requested by the International Monetary Fund and economic experts.
The overall implicit energy subsidies, which exceeded its value in 2013 reaching the level of 2080 billion dinars, what is the equivalent at the current dinar exchange rate $ 20 billion, fuel subsidies alone reached over 818 billion dinars, or about $ 8 billion.
This bill is paid by the state and doubled annually in a way that effects negatively on the state budget.
New financial and economic situation of Algerian government pushed to think seriously this time regarding the state support with fuel, especially after the recent cabinet meeting, when the President ordered for finding solutions for the rationalization of energy consumption, including fuel and reduce its waste.
In this direction, the Government initiated and specifically the Ministries of Energy and Finance, the preparation of the draft law to reduce fuel subsidies value, as Echorouk sources confirmed that the available option is the roofing of fuel support consumption at a level that will not exceed 80 liters, and the closer proposal for application is 60 liters per month.