Fuel price stabilisation fund publicised
Deputy PM Vu Van Ninh has asked the Ministry of Finance to announce the management and spending of the fuel price stabilization fund every quarter.
The move aims to strengthen transparency of the fund and provide official information to relevant organizations and residents.
Earlier, the Ministry of Industry and Trade said that Circular 84/2009/ND-CP regarding petrol businesses will be amended and submitted to the Government before the end of June.
The fuel price stabilization fund was founded based on Circular 84, under which wholesale petrol enterprises must set aside funds to stabilize prices.
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