analysisAddis Abeba — The soaring fuel prices have greatly impacted the transportation services, Addis Ababa City public transport users and taxi drivers told Addis Standard. Due to the price increment in the international market, the Ethiopian government announced last month that oil prices would be augmented too. Sema Mengistu, a resident of Addis Abeba, spoke to our correspondent regarding the impact of the oil price adjustment. Sema further went on to say that the taxis have significantly increased their fares following the oil price adjustment. Drivers of food commodities from the rural areas have increased prices due to increased fuel prices.

Source: Ethiopian News June 29, 2022 12:09 UTC