Jordan quits decision on oil prices increase


(MENAFN- Kuwait News Agency (KUNA)) Jordan King Abdullah II ordered on Sunday to halt the government's decision to raise fuel prices after protests against the decision in the country. A statement by the King's office said that King Abdullah II ordered the Prime Minister, Fayez Tarawneh to halt Friday's decision, effective from today evening. The decision was to increase of prices on all oil produced types and diesel, a seven to 10 percent increase which ignited protest in Jordanian cities, including demands on members of parliament, 89 out of 120 members, to call for a vote of confidence on government. Based on official Jordanian records, the country imports 97 percent of its energy needs, reaching the first half of 2012 USD 3.5 billion in oil government purchases.


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