Home / Top Stories / Dr. Raymond On Capping The Price Of Gas

Dr. Raymond On Capping The Price Of Gas

The imposition of the additional $1.50 excise tax on gas will not necessarily result in a stark increase in the price of fuel at the pumps.
That’s the sentiment expressed by minister in the ministry of finance senator Dr. Ubaldus Raymond during the latest sitting of the senate on Thursday.
Dr. Raymond, speaking during a marathon debate on a motion to raise capital to fund the budget, sought to allay fears about the impending rise in the tax from $2.50 to $4.00.
The new gas tax rate takes effect next week.

Dr. Raymond also disclosed plans by the government to cap the price of fuel.

The public is informed that the retail prices of fuel products will be next adjusted on
Monday, July 3rd, 2017.
The lengthy senate sitting featured debate on a slew of motions, papers and bills.

Check Also

HTS EPOLL MARCH 6TH 2020

Do you think the four hundred thousand dollar bail is excessive? Best free WordPress theme

One comment

  1. That UWP government really taking Lucians for fools! $10 + $1.50 = $11.50 less $0.40 adjustment $11.10. OK

    lets look at it without the 1.50 extra tax.

    $10-$0.40=$9.60 plus the $1.50 Tax = $11.40

    lol, Alan and his party up to their tricks.

Leave a Reply

Your email address will not be published.

This site uses Akismet to reduce spam. Learn how your comment data is processed.