HAITI-ENERGY-Government announces increase in fuel prices

0
380
Haitians protest the latest fuel price hike.

PORT AU PRINCE, Haiti– Haiti Wednesday announced new fuel prices even as protesters took to the streets throughout the capital with rocks, burning tires, metal gates against the move, and crippling traffic in the city.

Minister of Communication, Emmelie Prophète, said the government had decided on the new price for petroleum products at the pump.

“With the withdrawal of the petroleum products subsidy, the following prices will be charged at the pump,” he said, adding that the Council of Ministers had taken the decision.

The government-set price of a gallon of gasoline is to increase from 250 gourdes (One Gourde=US$0.008 cent) to 570 gourdes, while diesel has been increased to 670 gourdes a gallon, up from 353 gourdes. Kerosene will now be sold at 665 gourdes, rising from 352 gourdes a gallon.

Earlier this week, in a national address, Prime Minister Ariel Henry indicated that fuel prices would increase. The government, which authorized local distributors to import fuel, could no longer afford to subsidize energy heavily.

The protestors’ action forced schools, businesses, and banks to shut down.

LEAVE A REPLY

Please enter your comment!
Please enter your name here