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Fuel sales draining Forex—Abdulah


That assessment from the political leader of the Movement for Social Justice (MSJ), David Abdulah.
Speaking to the media during a press conference on Sunday 20 December 2020, Abdulah said both the energy sector and the non-energy sector took a hit this year.
Quoting from a report from the Central Bank, Abdulah said there was a 49.6 per cent decline of methanol production in 2020 compared to 2019.
“Ammonia output declined by 16.8 per cent compared to last year. In terms of the total economy, there was a 7.5 per cent decline in 2020, compared to 2019. The non-energy sector fell by 7.7 per cent because of COVID-19,” Abdulah said. ....

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