Nepal Government Signals Potential Odd-Even Traffic System to Curb Fuel Consumption
Kathmandu. The government has signaled the implementation of an odd-even traffic system to reduce the consumption of petroleum products.
A minister confirmed that this matter was discussed during the Cabinet meeting held on Tuesday.
Following the meeting, Minister of Federal Affairs and General Administration Pratibha Rawal stated that a special policy decision has been made to address the escalating fuel crisis and economic burden. Minister Rawal announced that a 50 percent reduction in customs duty and infrastructure development tax on the import of petrol, diesel, and kerosene has been approved.
Presenting data showing that the Government of Nepal has incurred a loss of approximately 11.72 billion rupees in the last 15 days alone, she clarified that policies are being introduced to reduce fuel consumption. These include declaring Sundays as public holidays, potentially implementing an odd-even system for vehicles, and promoting the use of EVs (electric vehicles) and ethanol.
This specific news has been automatically translated by AI. As a result, there may be some inaccuracies or language errors.