The Mauritanian Government has decided to maintain the fuel oil subsidy at 70 MRO per litre, the Minister of Economic Affairs and Development, Abdallahi Ould Souleimane Ould Cheikh Sidiya, announced during a weekly press briefing.
The subsidy is estimated to cost the State around 3.15 billion old ouguiyas per month, according to the minister. He explained that the measure is intended to ease the financial burden on citizens amid ongoing pressures from the global economic environment.
The Government also confirmed that fuel prices will remain unchanged this month, despite public expectations of a possible reduction following a reported agreement between the United States and Iran, which included a ceasefire and the reopening of the Strait of Hormuz.
The last adjustment in fuel prices was recorded last month, when petrol in Nouakchott stood at 65.02 MRU per litre, kerosene at 55.22 MRU, and diesel at 62.13 MRU per litre.
