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Electricity, petrol hikes to be approved by January
November 23, 2014, 8:59 am

The ministerial economic committee recently finished a report about increasing electricity and water consumption charges according to consumption categories and sent it to the Cabinet, said informed sources, noting that along with petrol price increases, the two proposals were expected to be approved by January.

“Increases in electricity and water consumption charges are justifiable to prevent squandering both resources, especially since prices are very low compared to production costs,” stressed the sources, noting that the new prices would be applied on both citizens and expats.

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