Water, electricity tariffs' increases minor; fuel prices lowest globally

Riyadh, Rabi’I 17, 1437, December 28, 2015, SPA — Minister of Water and Electricity Engineer Abdullah bin Abdulrahman Alhosain stated that 87% of the bills of subscribers of electricity services which have been introduced this year will not be affected by the new change in the tariff.

He added that 52% of the subscribers of water services will not pay more than one riyal per day.

Chairman of the Board of Directors of Saudi Aramco Khalid bin Abdul Aziz Al-Faleh revealed that despite the slight increase in fuel prices in the kingdom, they remain the lowest worldwide.

The two officials’ remarks came during a press conference held by them today in Riyadh to talk about the state budget for fiscal year 1437/1438 H.

23:36 LOCAL TIME 20:36 GMT