Luanda – The subsidy on petrol for taxi service, both for car and motorcycle taxi, which had been approved by the government in June 2023, is to end this Tuesday, Angop has learnt.
According to Presidential Decree number 68/24 of 7 March 2024, the termination of the subvention on fuel for taxi service operators happens in the ambit of the gradual adjustment the government has been making on crude oil by-products, aiming at decreasing the governmental expenses in such products.
With such measure, taxi service operators will be paying the normal price practiced by fuel stations (300 kwanzas a litre of petrol) instead of the subsidised Kz 160, which has just been terminated.
In this ambit, as of this April 23, the cost of one litre of diesel fuel moves from Kz 135 to 200 kwanzas.
According to the government, the gradual withdrawal process of subsidies on fuel, until the final extinction of the subvention, will happen until 2025.
Meanwhile, this measure has caused taxi operators to recently announce a possible rise soon on the fare, a fact that has prompted negotiations between the government and Taxi Service Associations. OPF/QCB/VC/jmc
