Need to mitigate fuel price increases

The price of fuel affects our daily lives in one way or other. The ripple effects of fuel price increases are felt in different areas; be it in increased transport fares, or rising food and commodity prices. That is why Rwandan’s have to brace themselves for a possible negative impact of the just increased prices of diesel and petrol by five percent. It is also projected that the global price of a barrel could reach $80 by early next year. This is the first time the price of fuel has changed, since last November, when it droped. Meaning consumers who  have enjoyed a steady economic ride in their daily lives, without too many turbulences, will now have to plan for some belt tightening.