ADECO calls for support as fuel prices rise
By the AFREEQUE newsroom, based on Expresso das Ilhas
The ADECO consumer association is asking the government to limit the impact of rising fuel prices on purchasing power and business costs. It proposes targeted tax benefits for productive sectors, electricity and public transport, Expresso das Ilhas reports.
The Association for the Defence of Consumers (ADECO) is asking the Cape Verdean government to take measures to reduce the impact of rising fuel prices on household purchasing power and businesses’ production costs. The organisation believes consumers should not be the only ones to bear the effects of the increase, Expresso das Ilhas reports.
ADECO recognises that there has been an international price shock, but advocates mechanisms to cushion its effects on the national economy. It points to the measure adopted for butane gas and proposes considering a similar approach for other fuels, selectively and according to the sectors most exposed, according to Expresso das Ilhas.
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