GOVERNMENT WEIGHS COST OF SHIELDING FUEL PRICES
With global oil prices surging past one hundred dollars per barrel, Prime Minister Philip J. Pierre says the Ministry of Finance is assessing the significant cost of protecting citizens from a sharp rise in fuel prices.
As the government evaluates the impact of sacrificing excise tax revenue to maintain current fuel subsidies, the St Lucian leader stresses that shielding the public from the economic fallout linked to tensions in the Middle East remains a major priority for the administration.
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