Petroleum Product Prices to Remain the Same Until January 31st – Statement by Minister Dar

In a recent statement, Minister of Petroleum and Natural Resources, Dar, announced that prices of petroleum products will remain unchanged until January 31st. This decision was made after a thorough review of the current market conditions and in an effort to provide relief to the general public.

Petroleum products such as gasoline, diesel, and kerosene are essential for the smooth functioning of the economy and are widely used in transportation, agriculture, and industry. The prices of these products have a direct impact on the cost of living and the overall inflation rate.

The decision to keep prices unchanged is a welcome relief for consumers who have been facing rising costs due to inflation and the devaluation of the currency. It will also provide some stability to the market, allowing businesses to plan and operate more efficiently.

However, it is important to note that this decision is a temporary measure and that prices may be reviewed again in the future. The government will continue to monitor the market conditions and take necessary steps to keep prices under control.

In the meantime, the government is also taking steps to promote the use of alternative energy sources such as electric vehicles and renewable energy. This will not only help to reduce dependence on fossil fuels but also lead to a reduction in pollution and a more sustainable future.

Overall, the decision to keep petroleum product prices unchanged until January 31st is a step in the right direction and will provide much-needed relief to consumers and businesses alike. It is important for the government to continue to monitor the market conditions and take necessary steps to keep prices under control and promote sustainable development.