TRNC Economy Minister Amcaoğlu explains fuel price increase
TRNC Economy and Energy Minister Olgun Amcaoğlu issued a statement following the increase in automobile fuel prices and criticism directed at the government.
Amcaoğlu said that the authorities were actively working to contain increases in food prices and the cost of essential goods in order to protect household budgets and reduce the impact of the rising cost of living. According to him, the government continues to pursue a policy of low fuel taxes. He noted that diesel fuel prices in Northern Cyprus remain lower than in the Republic of Cyprus and Türkiye.
The minister also noted the continuing fluctuations in global energy markets. According to him, the authorities are taking measures to ensure that the effects of rising global prices have as little impact as possible on the residents of Northern Cyprus.
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