The Togolese government has announced a downward revision of urban and intercity transport fares in response to the reduction in the price of petroleum products.
The measure, which comes into effect immediately, is aimed at reducing users’ expenses while preserving their purchasing power.
On Tuesday, the Togolese government made the announcement of a cut in urban and intercity transport fares in response to the reduced costs of petroleum products.
These new price ceilings, which apply to all transport operators, must be strictly adhered to, the executive stressed.
This initiative is part of a regulatory policy aimed at protecting consumers. The government also urged carriers to strictly apply the new fares.
The decision comes at a time of volatility in the prices of petroleum products on the international market, which has affected several sectors of the economy.
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