Fiscal Nepal
First Business News Portal in English from Nepal
KATHMANDU: NOC has decided to cancel the recent petrol price hike and return to the previous pricing structure, effective from tonight. This decision comes after Prime Minister Pushpa Kamal Dahal instructed NOC to revert to the earlier prices on Sunday.
To implement this change, NOC will utilize funds from the price stabilization fund and contributions from the Government of Nepal. The reversion to the previous pricing will not affect the automatic pricing system and will be in effect starting at 12 PM today.
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