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Gasoline Is Expected To Drop To 5 Pounds

TESK President Bendevi Palandöken said that the sharp decline in oil prices should be applied to citizens and the price of gasoline liters should be reduced to 5 liras and the engine to 4.5 liras.

Gasoline Is Expected To Drop To 5 Pounds
Yazar: Zack Smith

Yayınlanma: 10 Mart 2020 00:41

Güncellenme: 25 Kasım 2024 00:56

Gasoline Is Expected To Drop To 5 Pounds

TESK President Bendevi Palandöken said that the sharp decline in oil prices should be applied to citizens and the price of gasoline liters should be reduced to 5 liras and the engine to 4.5 liras. Turkey Tradesmen and Artisans Confederation (TESK) Chairman Bendevi Palandöken, said that should be applied to the drop in oil prices and record prices at the pump. In a written statement, Palandöken emphasized that according to the updated oil prices, the price of liter gasoline should be reduced to 5 liras and the engine to 4.5 liras. Palandöken stressed that oil prices are in trouble and made the following statement: "In the calculation of inflation, many items change depending on the fuel items. In this period, in which we apply tight fiscal and monetary policy to reduce inflation, the decrease in oil prices should be reflected to the pump immediately. It shows that the economic growth will increase and the foreign trade deficit will increase with the decrease in inflation. It is also positively affected. "
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