Ministry urges tighter control on freight fares amid falling fuel prices

The Ministry of Construction has called for more stringent oversight of freight fares as fuel prices continue to decline domestically. Recent adjustments to petrol and oil prices have led to a general downward trend in fuel costs across the nation. In light of these developments, the Ministry emphasizes the ongoing need for effective management and regulation of transport fare structures.

Authorities are urged to maintain a coordinated and decisive approach in implementing fare controls, ensuring compliance with regulations by relevant agencies. Inspections will be intensified to scrutinize price declarations, listings, and sales conducted by transport businesses, with particular attention given to companies that have previously raised fares but have not yet lowered them in response to falling fuel prices.

The Ministry has directed local authorities and pertinent agencies to take proactive measures to prevent transport operators from increasing fares in situations where fuel prices rise, while simultaneously failing to reduce fares when fuel prices decrease. Any violations of these fare control measures will be dealt with strictly, in accordance with established regulations.