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جفرا نيوز
Treasury capacity for fuel price gaps
The Oil Derivatives Pricing Committee in Jordan has decided to keep fuel prices for September at the same levels as August, despite the rise in global prices due to geopolitical tensions and their impact on the international market. The committee reviewed the increase in average prices during August compared to July, particularly for diesel and kerosene, but the government absorbed a significant portion of the costs through subsidies on gas cylinders and industrial fuels. This has led to a cumulative price gap on the treasury amounting to approximately 224 million dinars since the start of the crisis until the end of August. The decision to maintain prices aims to reduce fluctuations and stabilize the local markets, while continuously assessing international economic developments to ensure balanced fiscal policies.
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