AIRLINK 199.10 Increased By ▲ 1.13 (0.57%)
BOP 9.93 Decreased By ▼ -0.11 (-1.1%)
CNERGY 7.24 Decreased By ▼ -0.05 (-0.69%)
FCCL 38.90 Increased By ▲ 2.90 (8.06%)
FFL 16.82 Decreased By ▼ -0.09 (-0.53%)
FLYNG 27.54 Increased By ▲ 2.50 (9.98%)
HUBC 135.29 Increased By ▲ 1.26 (0.94%)
HUMNL 14.15 Increased By ▲ 0.01 (0.07%)
KEL 4.75 Decreased By ▼ -0.03 (-0.63%)
KOSM 6.80 Decreased By ▼ -0.14 (-2.02%)
MLCF 46.20 Increased By ▲ 1.22 (2.71%)
OGDC 217.20 Decreased By ▼ -1.03 (-0.47%)
PACE 6.94 No Change ▼ 0.00 (0%)
PAEL 41.00 Decreased By ▼ -0.42 (-1.01%)
PIAHCLA 16.93 Increased By ▲ 0.07 (0.42%)
PIBTL 8.59 Increased By ▲ 0.13 (1.54%)
POWER 9.47 Increased By ▲ 0.08 (0.85%)
PPL 184.50 Decreased By ▼ -1.43 (-0.77%)
PRL 41.70 Increased By ▲ 0.43 (1.04%)
PTC 24.87 Increased By ▲ 0.10 (0.4%)
SEARL 103.99 Decreased By ▼ -0.66 (-0.63%)
SILK 1.01 No Change ▼ 0.00 (0%)
SSGC 40.50 Decreased By ▼ -0.41 (-1%)
SYM 17.82 Decreased By ▼ -0.23 (-1.27%)
TELE 8.80 Decreased By ▼ -0.11 (-1.23%)
TPLP 12.79 Decreased By ▼ -0.05 (-0.39%)
TRG 66.20 Decreased By ▼ -0.40 (-0.6%)
WAVESAPP 11.42 Increased By ▲ 0.12 (1.06%)
WTL 1.74 Decreased By ▼ -0.04 (-2.25%)
YOUW 4.00 No Change ▼ 0.00 (0%)
BR100 12,114 Increased By 4.7 (0.04%)
BR30 36,713 Increased By 115.1 (0.31%)
KSE100 114,992 Decreased By -50.3 (-0.04%)
KSE30 36,171 Decreased By -28.3 (-0.08%)

MOSCOW: Kazakhstan on Thursday set fuel price limits for six months, the government said, after a New Year increase triggered protests that boiled over into mass unrest.

Demonstrations spread across the Central Asian nation of 19 million this week in outrage over a price hike on liquid petroleum gas (LPG), which is widely used to fuel cars in the west of the country.

Thousands took to the streets in the oil and gas exporting country's largest city Almaty and in the western province of Mangystau, saying the price rise was unfair given Kazakhstan's vast energy reserves.

The protests escalated into widespread unrest on Wednesday, with demonstrators storming government buildings and dozens reportedly left dead in clashes with security officers.

Kazakhstan declares emergencies in cities hit by unrest

"The government took urgent measures to stabilise the socio-economic situation," Kazakhstan's government said in a statement.

It said it would be instituting a 180-day moratorium on price rises on LPG as well as gasoline, diesel fuel and utilities in a host of cities and provinces.

The government also temporarily banned the export of foods including beef, lamb, potatoes and carrots "to stabilise prices for socially significant food products".

Comments

Comments are closed.