France to offer fuel price discount: PM | The Ararat Advertiser



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France will introduce a rebate of 0.15 euros (0.22 Australian dollars) per liter of transport fuel to help drivers cope with soaring prices at the pump, Prime Minister Jean Castex said in an interview with the daily newspaper Le Parisien. According to him, the measure, which will apply for four months from April 1, should cost the government around two billion euros. Retail gasoline and diesel prices hit record highs in many countries around the world this week as Russia’s invasion of Ukraine heightened market tensions, after savings began to recover from the coronavirus pandemic. A gesture of support for French motorists had been signaled by President Emmanuel Macron, who is campaigning for a second term in elections next month. In the interview published on Saturday, Castex said the rebate would cover households as well as trucking and farmers. The measure, which he said fuel distributors should reinforce through their own efforts to reduce retail prices, would save a motorist €9 on a 60-litre tank, Castex added. Macron said his government had already spent 20 billion euros a year to moderate gasoline and electricity costs. Australian Associated Press