Roundup: Uncertainty over fuel prices exerts further pressure on soaring cost of living in Ethiopia


ADDIS ABABA, April 8 (Xinhua) -- Ethiopia is facing the brunt of the anomalous economic condition amid soaring oil prices globally owing to the uncertain global situation.

Amid the ongoing volatile oil prices globally, the phenomenon is igniting mounting concern among Ethiopians who are yet to experience a significant impact of the global fuel price hikes on their day-to-day lives courtesy of a mammoth government subsidy on the imported fuel supply.

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