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  • World - Africa
  • Updated: May 14, 2022

Tunisia Raises Natural Gas, Electricity Prices

Tunisia has raised the prices of domestic consumption of electricity and natural gas.

The Middle East Monitor reported on Saturday that the country is seeking to reach a new loan agreement with the International Monetary Fund (IMF) for reforms including cutting energy and food subsidies and freezing wages.

Sami Ben Hamida, commercial director of the state-owned Tunisian Company of Electricity and Gas, confirmed that the increase in electricity prices was 12 percent for those whose consumption reaches 200 kWh per month.

Hamida added that an increase of 16 percent had been added for those whose natural gas consumption exceeds 30 cubic metres per month.

Unions and politicians warn that the repeated wave of price increases and the decline in purchasing power amid a severe economic crisis may lead to social unrest and protests that the authorities may not be able to control.

Last month, the government also raised the fuel price by five per cent, the third increase this year. 

Reuters reported last month that Tunisia will raise domestic fuel prices every month this year by at least three per cent, which could mean an increase of at least 30 per cent by the end of 2022.

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Quadri Adejumo
Quadri Adejumo

Quadri Adejumo is a reporter, sports column writer, opinion and profile writer. He tweets via @...

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