So, you are back here on your favorite blog, once again :-)Â THANKS!
The long announced increase in the price of petroleum products is finally here, unfortunately. Here are the prices, effective as from tomorrow, the 22nd January 2011 :
Essence : Rs 48.50/LÂ Â (previously Rs44.70/L)
Diesel : Rs 39.90/L Â (previously Rs35.50/L)
As you already know, the Petroleum Pricing Committee (PPC) now replaces the Automatic Pricing Mechanism (APM). Unlike the APM, the PPC will update the prices at an interval of 4 months. On various occasions, the Minister Showkutally SoodhunÂ has announced that this price update exercise will be totally transparent but I feel that the bad has already been done and we, Mauritians have been paying for theÂ errors made by others. Its no use crying over spilled milk, it simply does not change anything.