- India Kuwait News and updates


Petrol price may increase by 20-25 fils per liter

Tuesday, April 16, 2024
Petrol price may increase by 20-25 fils per liter

The Ministry of Finance submitted a proposal to the Council of Ministers to reduce the percentage of subsidies provided by the state for all petroleum products, including gasoline. According to Al Rai daily, the government did not take a decision yet and the proposal is under discussion and study in the Ministerial Committee for Economic Affairs.

According to report, the proposal suggest to re-examine the various types of subsidies provided by the state and the price of gasoline included in the plan will be raised by a maximum of 25 percent.

Accordingly, the price of a liter of Premium 91 gasoline will be increased by 20 fils, from its current price of 85 fils per liter to 105 fils. According to report, this increase will give a targeted saving of about 6.2 million dinars, based on the average consumption of last year.

The proposal also includes increasing the price of a liter of Super 95 gasoline by 25 fils, rising from 105 fils to 130 fils, which will achieve a targeted saving for the public treasury of about 4.5 million a year. is now on WhatsApp Channel    Follow Channel

📣 is now on Telegram. Click here to join our channel (@IIK_News) and stay updated with the latest headlines

Read this article online at

Express your comment on this article

Malik bhaai
Thursday, April 18, 2024
Only 200% will bring our economic phase to the boom with absense of interest and tax in the economy, i think it is a good moving in my experience as senior finance manager

Thursday, April 18, 2024
@indians in kuwait team please verify before you publish such news:

Gov’t refutes fuel price hike rumors

Lal Thomas varughese
Tuesday, April 16, 2024
Increasing the petrol price will effect the increase of commodities. It will effect all peoples of living .

Tuesday, April 16, 2024
Now Useless roamers will avoid roaming.
Hence reduce traffic. Same like Saudi.
There petrol price is double than here.

Tuesday, April 16, 2024
Still it will be cheaper than other GCC countries. Thanks to Kuwait Government for taking care of us.

Tuesday, April 16, 2024
if raised this price, sure all basic commodities raised 50%.
already most of items demand and hike

Submit your comments...
Disclaimer: The views expressed here are strictly personal and does not hold any responsibility on them. We shall endeavour to upload/publish as many of the comments that are submitted as possible within a reasonable span of time, but we do not guarantee that all comments that are submitted will be uploaded/published. Messages that harass, abuse or threaten other members; have obscene, unlawful, defamatory, libellous, hateful, or otherwise objectionable content; or have spam, commercial or advertising content or links are liable to be removed by the editors. We also reserve the right to edit the comments that do get published. Please do not post any private information unless you want it to be available publicly.

Community News

Indian Cultural Society (ICS) presented “Kaho Na Pyaar Hai”

Pioneer of quality entertainment & the producer of regular hit shows, Indian Cultural Society presented “Kaho Na Pyaar Hai” ...

Quickflix - a Mega spot film contest in Kuwait this Friday

For the first time in Kuwait, the Kuwait Film Enthusiasts (KFE) - a group of Indian Film lovers is conducting "QuickFlix" - ...

Thrissur Engineering College Alumni Association, Kuwait Chapter  held Annual General Meeting 2024

Thrissur Engineering College Alumni Association , Kuwait Chapter(TECALKUWAIT) held its Annual General Meeting at the prestig...

TEF Kuwait Conducted Women’s Program (Mother’s Day)

Tamilnadu Engineers Forum, the One & Only ISO 9001:2015 Certified Engineering Forum registered with Embassy of India, conduc...

ASSE Kuwait Chapter Organized  Beach Cleanup Drive

Outreach and Govt. Affairs Committee of American Society of Safety Professionals – Kuwait Chapter organized a Beach Cleanup ...

go top