Fuel Prices Togo - Revision history

Ranisha at 09:59, 7 October 2014

2014-10-07T09:59:19Z

Armin Wagner at 13:33, 26 March 2013

2013-03-26T13:33:17Z

Armin Wagner at 15:01, 13 February 2013

2013-02-13T15:01:14Z

Tai Becker: Protected "Fuel Prices Togo" ([edit=sysop] (indefinite) [move=sysop] (indefinite)) [cascading]

2012-12-04T10:57:01Z

Protected "Fuel Prices Togo" ([edit=sysop] (indefinite) [move=sysop] (indefinite)) [cascading]

Ingmar Schlecht: 1 revision

2012-12-02T17:34:22Z

1 revision

Ingmar Schlecht: Text replace - "Fuel Price Exchanre Rate Date" to "Fuel Price Exchange Rate Date"

2012-11-14T16:56:08Z

Text replace - "Fuel Price Exchanre Rate Date" to "Fuel Price Exchange Rate Date"

New page

{{Fuel Price Factsheet
|Fuel Price Country=Togo
|Fuel Currency=FCFA
|Fuel Price Exchange Rate=472.9
|Fuel Price Exchange Rate Date=2010/11/17
|Fuel Price Last Updated=
|Fuel Price Composition Date=
|Fuel Price Composition Annotation=No information available.
|Fuel Pricing Policies=The Ministry of Commerce („Ministre du Commerce et de la Promotion du Secteur privé“) is in charge of setting fuel prices.

No official information regarding fuel pricing in Togo could be found.

An internet article (see →Annex A1) states, that the government used money reserves in early 2011 to reduce the pump price for fuels. According to that article, there is an automatic pricing mechanism installed in Togo, which was „designed in consulataion with all social partners“ (presumable international organizations as IMF).
|Fuel Matrix Price Level=3
|Fuel Matrix Pricing Mechanism=2
|Fuel Transparency Price Composition=1
|Fuel Transparency Pricing Mechanism=1
}}

← Older revision		Revision as of 09:59, 7 October 2014
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	\|Fuel Transparency Pricing Mechanism=1		\|Fuel Transparency Pricing Mechanism=1
	}}		}}
		+
		+	[[Category:Togo]]

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 {{Fuel Price Factsheet
 |Fuel Price Country=Togo
-|Fuel Pricing Policies=The Ministry of Commerce („Ministre du Commerce et de la Promotion du Secteur privé“) is in charge of setting fuel prices.
+|Fuel Pricing Policies="Pricing policy: A 2002 decree established an automatic pricing mechanism, requiring adjustments when benchmark prices varied by ±5%. In the face of soaring world oil prices in 2007–08, government did not adjust prices in line with world prices, and a government audit found that the net shortfalls borne by oil companies had grown to 1.5% of GDP. When world prices fell in 2008 and 2009, government maintained price levels in the hope of making up for the accumulated shortfall. The principle of automatic price adjustments was reaffirmed in a decree issued in Nov 2010, but government did not start adjusting retail prices until Jun 2011 and fuel subsidies soared between Jan and May 2011. Taxes on petroleum products were waived in mid-2011. Prices have been frozen since, except for LPG."
-"A 2002 decree established an automatic pricing mechanism, requiring adjustments when benchmark prices varied by ±5%. In the face of soaring world oil prices in 2007–08, government did not adjust prices in line with world prices, and a government audit found that the net shortfalls borne by oil companies had grown to 1.5% of GDP. When world prices fell in 2008 and 2009, government maintained price levels in the hope of making up for the accumulated shortfall. The principle of automatic price adjustments was reaffirmed in a decree issued in Nov 2010, but government did not start adjusting retail prices until Jun 2011 and fuel subsidies soared between Jan and May 2011. Taxes on petroleum products were waived in mid-2011. Prices have been frozen since." (Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)
+(Source: Kojima, Masami. (2013, forthcoming). “Petroleum product pricing and complementary policies:Experience of 65 developing countries since 2009.” Washington DC: World Bank.)
 |Fuel Currency=FCFA
 |Fuel Price Exchange Rate=472.9

← Older revision	Revision as of 17:34, 2 December 2012
(No difference)