![REVENUE LOSS [7TH SEPTEMBER 2026] -Saint Lucia’s fiscal position is facing renewed pressure, with government recording a $26 million revenue shortfall as measures to cushion consumers from rising fuel prices continue to reduce state income. Prime Minister and Finance Minister Philip J. Pierre says the decision to lower fuel excise taxes has eased the burden on motorists, but at a significant cost to government revenue. Kishana Smith tells us more.](https://www.replay.gp/wp-content/plugins/youtube-feed-pro/img/placeholder.png)
FUEL TAX REDUCTION LEAVES SAINT LUCIA FACING $26 MILLION REVENUE SHORTFALL
REVENUE LOSS [7TH SEPTEMBER 2026] -Saint Lucia’s fiscal position is facing renewed pressure, with government recording a $26 million revenue shortfall as measures to cushion consumers from rising fuel prices continue to reduce state income. Prime Minister and Finance Minister Philip J. Pierre says the decision to lower fuel excise taxes has eased the burden on motorists, but at a significant cost to government revenue. Kishana Smith tells us more.
