Finance Minister Abderrahmane Raouia said on Saturday that the government could end gas price subsidies from 2019 and other subsidies from 2020.Mr. Raouia’s announcement was made in Dubai on the sidelines of the meeting between the Arab Finance Ministers and the International Monetary Fund (IMF). The minister did not specify which subsidies could be cut in 2020, simply recalling that the state subsidizes a wide variety of goods and services such as electricity, bread and oil. Abderrahmane Raouia justified the announcement by the fact that the state aims to eliminate its budget deficit in three to four years.
Iraqi Oil Minister Jabar al-Luaibi said the country has completed the construction of a pipeline that