National
Gov’t Position Has Not Changed on Gas Price Hike
NASSAU, BAHAMAS – Government holding firm to its decision not to grant gas retailers a margin increase, this as discussions continue as both sides try to find some middle ground over concerns of survivability.
NASSAU, BAHAMAS – Government holding firm to its decision not to grant gas retailers a margin increase, this as discussions continue as both sides try to find some middle ground over concerns of survivability.
Government’s position has not changed, regarding the proposed margin increase requested by the Bahamas Petroleum Retailers Association, according to Economic Affairs Minister Michael Halkitis, who says they are still trying to compromise on ways to bring some relief without an increase.
The association has primarily asked government for an increase on the currently fixed margin of 54 cents per gallon.
Prime Minister Philip Davis had previously said the margin change was under consideration but on Tuesday Halkitis says that’s not the case.
As for whether or not government will reduce its margin, Halkitis says that’s not an option.
Strong Start In The Field On Day 2
Ritz-Carlton Reserve Project A Fundamental Change For South Eleuthera
National Youth Guard: A “Gang” With Positive Values
WSC Addresses Water Woes On Family Islands
Long Wharf Cannons Set For Major Restoration
Building A Successful Business In The SME Space
-
National2 days ago117 Foreign Nationals Apprehended In Enforcement Operations
-
National3 days agoHonoring The Life And Legacy Of Gea Pierre
-
National3 days agoThe Crucifixion That Gives Eternal Life
-
National2 days agoYoung Entrepreneur: “Everyday I Do It For My Mom”
-
National2 days agoThe Traveling Message Of Hope
-
Sports3 days agoParade Of Athletes Highlights CARIFTA Games Opening Ceremony
-
National3 days agoThe Journey Through Holy Week
-
National3 days agoStaying Safe While Enjoy Sun, Sand And Sea This Holiday Weekend