The domestic price cap for air service will averagely increase by 3.75 per cent from the current one from the second or third quarter of 2023, according to the Ministry of Transport.
Earlier, the CAAV proposed to raise the price ceiling for airfares, citing a surge in petrol prices as a reason. It noted geopolitical tensions, especially the Russia-Ukraine conflict, have pushed the jet fuel price of Jet A1 to a new height since the...
Concerned government agencies have applied a price ceiling on 538 milk
products for children under six years old, according to the Ministry of
Finance.
