New Price Hikes to Coincide with Eid Holidays [Archives:1999/09/Local News]

March 1 1999

The government is planning to phase out the final parts of the subsidy removal within the framework of the reform program which seeks to eliminate price distortions in the Yemen market. The two products to undergo price hikes as a result are diesel and wheat – both with far reaching impacts on the cost of living among the people.
Many observers believe these actions could lead to violence. Hence the desire of the state to introduce the measures over the Eid holidays, in one month.