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World Fuel Price Affects Belize #274215
03/25/08 07:20 PM
03/25/08 07:20 PM
Joined: Oct 1999
Posts: 83,509
oregon, spr
Marty Online happy OP

Marty  Online Happy OP
World Fuel Price Affects Belize

Belmopan - 25 March, 2008

The Ministry of Finance informs the public that a tanker of fuel that arrived in Belize on March 22, 2008 reflects sharp increases in the acquisition cost of Gasoline, Kerosene and Diesel.

In an effort to minimize the increase in pump prices, the Government has decided to absorb half of the increase in the cost of gasoline, and to pass the other half on to the price at the pump. Consequently, the new Price for Premium Gasoline will be $9.95 per gallon while the new Price for Regular will be $9.70.

In regards to Kerosene and Diesel, there is little for the Government to partially absorb the cost increase since the Revenue Replacement Duties on these two items is now zero, having been reduced continuously over the past several months. Consequently, the Government wishes to inform the public that Kerosene will increase by $1.18 per gallon, - from $7.69 to $8.87 per gallon and Diesel will increase by $0.81 per gallon - from $8.10 to $8.91 per gallon. The new prices came into effect on Sunday, March 23, 2008.

The Government assures the public that it has done everything that is fiscally feasible at this time to absorb as much of the increase in the price of fuels while monitoring the prices on the world market.

Re: World Fuel Price Affects Belize [Re: Marty] #274637
03/29/08 03:16 PM
03/29/08 03:16 PM
Joined: Mar 2008
Posts: 1
wolfgang Offline
wolfgang  Offline
I assume these are Belizen Dollars, right ?

Re: World Fuel Price Affects Belize [Re: wolfgang] #274638
03/29/08 03:42 PM
03/29/08 03:42 PM
Joined: Apr 2000
Posts: 8,868
SP Daily Offline
SP Daily  Offline

Re: World Fuel Price Affects Belize [Re: SP Daily] #274693
03/30/08 09:31 AM
03/30/08 09:31 AM
Joined: Jan 2003
Posts: 7,479
SimonB Offline

SimonB  Offline
Those are also mainland prices, island prices are higher.

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