{"id":36070,"date":"2023-10-22T15:25:37","date_gmt":"2023-10-22T15:25:37","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/government-announces-a-rs-3-10-price-drop-per-litre-of-mogas"},"modified":"2023-10-22T15:56:36","modified_gmt":"2023-10-22T15:56:36","slug":"government-announces-a-rs-3-10-price-drop-per-litre-of-mogas","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/government-announces-a-rs-3-10-price-drop-per-litre-of-mogas","title":{"rendered":"Government announces a Rs 3.10 price drop per litre of Mogas"},"content":{"rendered":"

Africa-Press – Mauritius. <\/strong><\/span>As from Saturday 07 October 2023, the new retail price per litre of Mogas (L\u2019Essence) will stand at Rs 69.00, representing a decrease of Rs 3.10 compared to its initial price of Rs 72.10.<\/p>\n

As for Gas Oil (Diesel), its retail price per litre is being increased to Rs 63.95 from its initial price of Rs 60.00. Besides, a relief measure, that is a refund of Rs 5 per litre of Gas Oil, will be provided to a selected category of business operators.<\/p>\n

These announcements were made this afternoon, by the Minister of Finance, Economic Planning and Development, Dr Renganaden Padayachy and the Minister of Commerce and Consumer Protection, Dr (Mrs) Marie Christiane Dorine Chukowry.<\/p>\n

Minister Chukowry recalled that the Petroleum Pricing Committee (PPC) met on Saturday 30 September 2023 and after taking note of the evolution of world prices of Mogas and Gas Oil and the estimated deficit in the Price Stabilisation Account (PSA), revised the retail price per litre of Mogas to Rs 72.10 and that of Gas Oil to Rs 60.00.<\/p>\n

Dr Chukowry further informed that the PPC met again today and decided to revise the price of Mogas to its initial Rs 69.00, following an exceptional support measure undertaken by the Ministry of Finance, Economic Planning and Development.<\/p>\n

As regards the increase of Gas Oil, she pointed out the PPC has recommended another increase in its retail price, following the considered estimated deficit of around Rs 5 billion in the PSA, emphasising that Government abstained from increasing its price since September 2022 to enable the smooth functioning of the economy.<\/p>\n

Minister Padayachy, on his part, underlined that Prime Minister, Mr Pravind Kumar Jugnauth, called upon him to look into the possibility of rolling out relief measures following last week\u2019s increase in fuel prices.<\/p>\n

The Minister thus announced that following the gradual improvement in the economic situation, a budget of Rs 1 billion has been earmarked with the following twin goals: Firstly, Rs 200 million is being injected in the PSA to enable the revision of the price of Mogas to its initial price, that is Rs 69.00; and, Secondly, for each litre of Gas Oil, Rs 5 will be refunded by the Mauritius Revenue Authority to a selected category of business operators, entrepreneurs and companies that may be financially affected and find themselves in situation of loss, including, school van operators, bus contractors, Small and Medium Enterprises, small planters, and bakeries, upon presentation of their receipt.<\/p>\n

These relief measures, he added, are geared towards supporting the population which is the most affected by the rise in fuel prices. Dr Padayachy reiterated the Prime Minister\u2019s consideration for the population and renewed the latter\u2019s commitment to continuously extend support when needed to improve their quality of life.\u200b<\/p>\n

For More News And Analysis About Mauritius<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Mauritius. As from Saturday 07 October 2023, the new retail price per litre of Mogas (L\u2019Essence) will stand at Rs 69.00, representing a decrease of Rs 3.10 compared to its initial price of Rs 72.10. As for Gas Oil (Diesel), its retail price per litre is being increased to Rs 63.95 from its […]<\/p>\n","protected":false},"author":84,"featured_media":36069,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,7],"tags":[233,245,365,241],"class_list":["post-36070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-head-lines","tag-africa-press","tag-africa-press-mauritius","tag-economic","tag-mauritius"],"yoast_head":"\nGovernment announces a Rs 3.10 price drop per litre of Mogas - Mauritius<\/title>\n<meta name=\"description\" content=\"As from Saturday 07 October 2023, the new retail price per litre of Mogas (L\u2019Essence) will stand at Rs 69.00, representi ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/government-announces-a-rs-3-10-price-drop-per-litre-of-mogas\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Government announces a Rs 3.10 price drop per litre of Mogas\" \/>\n<meta property=\"og:description\" content=\"As from Saturday 07 October 2023, the new retail price per litre of Mogas (L\u2019Essence) will stand at Rs 69.00, representi ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/government-announces-a-rs-3-10-price-drop-per-litre-of-mogas\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-22T15:25:37+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-22T15:56:36+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2023\/10\/sm_1697977528.081986.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/government-announces-a-rs-3-10-price-drop-per-litre-of-mogas#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/government-announces-a-rs-3-10-price-drop-per-litre-of-mogas\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Government announces a Rs 3.10 price drop per litre of Mogas\",\"datePublished\":\"2023-10-22T15:25:37+00:00\",\"dateModified\":\"2023-10-22T15:56:36+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/government-announces-a-rs-3-10-price-drop-per-litre-of-mogas\"},\"wordCount\":466,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/government-announces-a-rs-3-10-price-drop-per-litre-of-mogas#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2023\/10\/sm_1697977528.081986.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Mauritius\",\"Economic\",\"Mauritius\"],\"articleSection\":[\"all news\",\"economy\",\"head lines\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/government-announces-a-rs-3-10-price-drop-per-litre-of-mogas#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/government-announces-a-rs-3-10-price-drop-per-litre-of-mogas\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/government-announces-a-rs-3-10-price-drop-per-litre-of-mogas\",\"name\":\"Government announces a Rs 3.10 price drop per litre of Mogas - 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