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Mon07162018

Last updateMon, 16 Jul 2018 10am

Local News

A special price formula to the fuel prices in par with the oil prices of World Market.

The Treasury has decided to devise a special price formula to the fuel prices in par with the oil prices of World Market. The price formula will be simplified with the aim of providing relief to the common masses. The Treasury has taken this decision due to the oil price increase in the world Market. The Ministry of Petroleum Resources is expected to prepare this price formula within the next 2 weeks. Once the price formula is devised, it will be submitted to the cabinet for approval.