Continue applying automatic quarterly petroleum product pricing formula.
At P1R2, price adjustment formula to ensure recovery of all costs and taxes was delayed while the authorities considered measures to mitigate the social impact.  Upgraded to a pa for the second review, and implemented June 1, 2008.  At P1R2, descriptor changed from "Implement a new petroleum product pricing formula with parameters set to ensure full recovery of all costs, distribution margins, and taxes, and that avoids the need for further budget subsidies" to current spc, and retaining "continuous" test date.