BusinessWorld E-paper
February 25, 2022
GOVERNMENT ECONOMIC managers are keeping a close eye on oil price hikes as Brent crude surged over $100 for the first time since 2014 on Thursday after Russia’s attack on Ukraine, offering assistance to sectors affected most by the crisis.
“The Development Budget Coordination Committee (DBCC) is closely monitoring
the factors affecting the oil prices in the country,” the interagency group said in a statement on Thursday.