Fuel prices drop
The government announced a reduction in fuel prices in line with the 2011/12 budget proposal, where levies on fuel imports will drop by Rwf100 per litre by the end of this financial year. Prices of both petrol and diesel reduced to Rwf1,025 from 1,067, effective Friday July 1, 2011, the Ministry of Trade and Industry said in a statement.
![Fuel prices have seen a sharp rise in the recent past but are poised to take a downward trend, thanks to low import duties (File photo) Fuel prices have seen a sharp rise in the recent past but are poised to take a downward trend, thanks to low import duties (File photo)](https://www.newtimes.co.rw/uploads/imported_images/files/main/articles/2011/07/02/14674-Fuel-prices-_0.jpg)
Fuel prices have seen a sharp rise in the recent past but are poised to take a downward trend, thanks to low import duties (File photo)