Says unexplained reversals in import policy increase uncertainty

The data showed that average daily Premium Motor Spirit (PMS), also known as petrol, imports rose to 18.1 million litres in June and 19.7 million litres in July from 5.9 million…

According to the group, rising petrol imports could undermine domestic refining, investment and foreign exchange conservation if approvals are granted without transparent evidence…

Says unexplained reversals in import policy increase uncertainty