News at a glance: Grumble after fuel prices remain unchanged

Expat news
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Published on 2022-09-16 at 09:37
The prices of gasoline and diesel remain unchanged. A protest will be held on September 24 to demand lowered fuel prices to follow worldwide trends. Also in the news, Mauritius ranks in the top 10 of countries most favorable to economic freedom.

Fuel prices remain unchanged, protest in the works

Petrol is still selling at Rs 74.10 per liter while the price of diesel is maintained at Rs 54.55, the State Trading Corporation (STC) announced in a statement issued earlier this week. The Petroleum Pricing Committee had recommended a maximum increase of 10% in the price of diesel but the Ministry of Commerce opposed it.

The decision to maintain fuel prices has caused grumbling among the population. The Association of Consumers of Mauritius (ACIM) will hold a demonstration on September 24 to urge the government and in particular the Petroleum Pricing Committee (PPC) of the State Trading Corporation (STC) to review the price of fuel on the local market. It will be held in the streets of the capital. 

Economic freedom: Mauritius ranks ninth out of 165 countries

Mauritius ranks ninth among the countries most favorable to economic freedom. This is what emerges from the findings of the Fraser Institute's report "Economic Freedom of the World: 2022". Hong Kong is first and Singapore, Switzerland, New Zealand, Denmark, Australia, the United States, Estonia, Mauritius and Ireland follow. Mauritius is ahead of several powerful countries such as Japan (12th), Germany (24th), Italy (43rd), France (54th), India (90th), Russia (94th), Brazil (114th) and China (116th).

The Fraser Institute's "Economic Freedom of the World: 2022" analyzes the ability of individuals to make their own economic decisions and the policies and institutions of 165 countries and territories.  Also considered are regulations, freedom of international trade, size of government, property rights, government spending and taxation. 

Authorities are cracking down on illegal fishing

The Ministry of Fisheries and Ocean Economy has decided to conduct a campaign to track down anyone in possession of prohibited fish. Various crackdown operations are currently being conducted throughout the country and has already led to an arrest. The objective of the Ministry is to reduce illegal fishing in Mauritian waters. Thus, the Minister announced that the "Fisheries and Marine Resources Act" will be amended and stricter penalties will soon be applied against offenders.