Fuel prices in Cameroon will rise by about 15% from Wednesday after the government agreed to pressure from the International Monetary Fund (IMF) to cut fuel subsidies.A litre of diesel will rise from 575 CFA francs ($ 0.9) to 720 CFA francs ($1.19), while petrol will sell for 730 CFA francs ($1.21) from 630 CFA francs ($1.04).The prime minister’s office also announced a 5.2% pay rise for public service workers as a cushion to the impact of the increase in fuel prices.Many unions had urged the government to increase the minimum wage for the private sector.The IMF is expected to provide $74.6m (£60m) to Cameroon as a credit facility in March.
Fuel price rise in Cameroon as subsidies scrapped
