[01/February/2010]

SANA'A, Feb. 01(Saba)- The government approved on Sunday a spare addition in oil and its derivatives prices which will serve investment projects and halt smuggling, an official sources has said.

It added to al-motamar.net that the specialized authorities approved increasing not more than YR5 for 1letre of oil and its two derivatives, the measure within government 's mechanism targets supporting investment projects and public interest

It confirmed that this move came in cooperation with the concerned and local authorities in the capital of Sana'a and all Yemeni governorates.

Moreover, it came after studies implemented by the government which affirmed that this action is supporting the state ån facing the Houthi rebellion, the open war against al-Qaeda elements and the separatists elements in the south.

It also said that this mechanism is being implemented under official surveillance in order to ensure not increasing of the approved prices.

==/AM

Saba