Govt Slashes Import Duty On Fuel After Hiking Prices
The government has moved to prevent an acute rise in the price of fuel by reducing the import duty on both petrol and diesel.
The duty for petrol has been reduced from $2.30 to $1.15 while that for diesel has been slashed from $2.05 to 90 cents. In a statement on Tuesday, the Ministry of Information said:
Government has reduced the duty on fuel from $2.30 to $1.15 (petrol) and $2.05 to 90 cents for diesel. This adjustment has been factored into the new fuel prices. Finance Ministry Perm Sec @GGuvamatanga talks about this and more on @ZBCNewsonline Face the Nation programme tonight.