World News | Mozambique Govt to Subsidize Public Transporters in Maputo
Get latest articles and stories on World at LatestLY. The Mozambican government announced Tuesday it will subsidize minibus operators who serve as the public transport providers in the city and province of Maputo, following a strike by the minibus drivers on Monday demanding an increase in their fares in response to the latest fuel price hikes.
Maputo [Mozambique], July 6 (ANI/Xinhua): The Mozambican government announced Tuesday it will subsidize minibus operators who serve as the public transport providers in the city and province of Maputo, following a strike by the minibus drivers on Monday demanding an increase in their fares in response to the latest fuel price hikes.
The decision was announced by the Metropolitan Transport Agency of Maputo City (AMTM) which said the subsidy policy will last six months and assured that there will be no change in the current transport fares.
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"The government's concern is the passenger, it's the citizen. Right now, 40 million U.S. dollars are already available to cover the costs," said AMTM Director Antonio Matos to the press.
In the latest price adjustment announced by the National Energy Regulatory Authority last Friday, petrol price rose from 83.30 meticais (about 1.32 U.S. dollars) per litre to 86.97 meticais and diesel price rose from 78.97 meticais to 87.97 meticais. The cooking gas price was also up by almost 20 per cent. (ANI/Xinhua)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)