The government has increased local fuel prices by approximately 13 percent to reflect a rise in global oil costs, Reuters says. However, some political parties in the governing coalition have denounced the increase as it could spark renewed anger due to the high cost of living in the country. Muttahida Qaumi, the third largest party in the coalition, has urged the government to reverse the price hike.
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About the author
Ivy Mungcal
As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.
