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K80 billion needed to normalize fuel supply - The Times Group Malawi

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Petroleum Importers Limited (PIL) has said the country needs at least $80 million (about K80 billion) to normalize fuel supply. PIL general manager Martin Msimuko told a joint Parliamentary Committee on Trade, Transport and Natural Resources yesterday that shortage of forex and the recent devaluation of the local currency are among key factors affecting fuel …

The post K80 billion needed to normalize fuel supply appeared first on The Times Group Malawi.

Source: The Times Group Malawi - Breaking news, politics, sports, entertainment and more - The Times Group Malawi

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