Kuwait triples diesel, kerosene prices

October 16, 2014 02:57

Oil-rich Kuwait tripled the prices of diesel and kerosene today, ending decades of heavy subsidies, while putting off a similar decision on electricity and water charges.

Planning Minister Hind al-Sabeeh said a joint meeting of the cabinet and higher planning council decided to hike the prices of diesel and kerosene to 170 fils (59 cents) a litre from 55 fils (19 cents).

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