Stakeholder proposes special fuel stabilisation fund
DAR ES SALAAM, May 25 -- THE government has been advised to establish a special fuel price stabilisation fund to help cushion the country against fluctuations in global oil prices and protect consumers during emergencies caused by various factors.
The proposal was made in Dar es Salaam by oil sector stakeholder and Resident Manager of Mansoor Industries Ltd, Dr Sajad Habib Rai, while commenting on the trend of fuel supply and pricing in the country.
Dr Rai said the proposed fund would not only help reduce the burden of rising fuel prices on transport operators and wananchi, but would also protect the national economy and support the countrys development efforts.
He explained that, as in other sectors, the establishment of a dedicated f...
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