Transport operators, gov’t meet today over proposed 30% fare increase

The Chamber of Petroleum Consumers (COPEC) has meanwhile urged the government to consider reintroducing the fuel price intervention introduced during the peak of the Middle East crisis, arguing that the measure helped reduce the impact of rising petroleum prices on consumers and businesses.

He said the unions would engage the government and, if no immediate solutions were found to address the rising cost of petroleum products, they would present their proposed fare adjustment for negotiation.

Transport operators are set to meet with the Ministry of Transport on Tuesday, July 28, to discuss a proposed 30 per cent increase in transport fares as rising fuel prices and the increasing cost of vehicle spare parts continue to put pressure on their operations.