Bank-linked economists have a fix for fuel prices
Economists back changes at the RAF and in the way petrol price is set
30 August 2023 - 05:00
UPDATED 30 August 2023 - 15:50
Economists linked to the Reserve Bank have published a study calling on the government to lower fuel prices, which have been a major driver of inflation and a burden for consumers.
In the study, the two economists, Zaakirah Ismail and Christopher Wood, identify four ways to improve price-setting mechanisms. The study comes a fuel-price hikes are expected to hit in September due to the weaker rand and rising international oil prices...
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