Fuel Prices Guinea - Revision history

Ranisha at 12:56, 23 September 2014

2014-09-23T12:56:38Z

Armin Wagner at 09:41, 25 February 2013

2013-02-25T09:41:37Z

Tai Becker: Protected "Fuel Prices Guinea" ([edit=sysop] (indefinite) [move=sysop] (indefinite)) [cascading]

2012-12-04T10:41:40Z

Protected "Fuel Prices Guinea" ([edit=sysop] (indefinite) [move=sysop] (indefinite)) [cascading]

Ingmar Schlecht: 1 revision

2012-12-02T17:34:34Z

1 revision

Ingmar Schlecht: Text replace - "Fuel Price Exchanre Rate Date" to "Fuel Price Exchange Rate Date"

2012-11-14T16:44:29Z

Text replace - "Fuel Price Exchanre Rate Date" to "Fuel Price Exchange Rate Date"

New page

{{Fuel Price Factsheet
|Fuel Price Country=Guinea
|Fuel Currency=GNF
|Fuel Price Exchange Rate=6840.83
|Fuel Price Exchange Rate Date=2010/11/22
|Fuel Price Last Updated=
|Fuel Price Composition Date=
|Fuel Price Composition Annotation=Internet articles state, that there were fuel subsidies, which are being reduced gradually.

No official information available.
|Fuel Pricing Policies=The Ministry of Commerce regulates fuel prices.

Fuel prices appear to be uniform across the regions of the small country.

The price for gasoline and diesel had to be increased steadily due to a decline of the Guinean Franc in relation to the US-Dollar. (The diagrams above show this effect.) Also, the salaries for public services were increased drastically in early 2010 (→Annex A1). However, the purchasing power of the poor declines leading to considerable poverty.

Due to an internet article (→Annex A3), fuels are subsidized in Guinea. The price hikes are also argued to be necessary, because the subsidies are too expensive for the country (thus, the US-Dollar-equivalent price also increases, see diagrams above). Further, according to the trade minister, the subsidies led to smuggling of 20-30% of all imported fuels to neighboring countries, which have much higher fuel prices (→Annex A2).
|Fuel Matrix Price Level=2.5
|Fuel Matrix Pricing Mechanism=1
|Fuel Transparency Price Composition=1
|Fuel Transparency Pricing Mechanism=1
}}

← Older revision		Revision as of 12:56, 23 September 2014
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	\|Fuel Price Factsheet Source Annotation=A3		\|Fuel Price Factsheet Source Annotation=A3
	}}		}}
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		+	[[Category:Guinea]]

@@ Line 1: / Line 1: @@
 {{Fuel Price Factsheet
 |Fuel Price Country=Guinea
 |Fuel Pricing Policies=The Ministry of Commerce regulates fuel prices.
@@ Line 16: / Line 8: @@
 Due to an internet article (→Annex A3), fuels are subsidized in Guinea. The price hikes are also argued to be necessary, because the subsidies are too expensive for the country (thus, the US-Dollar-equivalent price also increases, see diagrams above). Further, according to the trade minister, the subsidies led to smuggling of 20-30% of all imported fuels to neighboring countries, which have much higher fuel prices (→Annex A2).
 |Fuel Matrix Price Level=2.5
 |Fuel Transparency Price Composition=1
 |Fuel Transparency Pricing Mechanism=1
 }}