“Pro-coalition government” imposes third price increase on gasoline in Aden

ADEN, June 25 (YPA) – The government loyal to the Saudi-led coalition, headquartered in Ma’ashiq Palace in Aden city, southern Yemen, has imposed the third price increase on gasoline since the beginning of June.

A local source in the city said, “The government decided to sell a 20-liter gallon of gasoline for 37,900 riyals, an increase of 2,000 riyals, coinciding with a domestic gas crisis in the city.”

He added that this price increase is the third, starting from 33,900 riyals to 35,900 riyals, reaching 37,900 riyals during June.

 From time to time, the pro-coalition government imposes price increases on petroleum products in conjunction with each new phase of the Yemeni riyal’s decline against foreign currencies to cover the revenue deficit.

 The increase in gasoline prices comes amid ongoing popular protests demanding improved living and service conditions, the continued unpaid salaries, the lack of electricity, and the rising prices of basic foodstuffs.

 The gasoline price raise will have disastrous repercussions across various sectors.

YPA