Haiti - FLASH : Fuel prices will explode at the pump (official) - HaitiLibre.com : Haiti news 7/7
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Haiti - FLASH : Fuel prices will explode at the pump (official)
08/12/2021 04:52:18

Haiti - FLASH : Fuel prices will explode at the pump (official)
Tuesday, December 7, 2021 during a press conference held at the official residence of Prime Minister ai Ariel Henry, the Minister of the Economy and Finance, Michel Patrick Boisvert, accompanied by the new Minister of Social Affairs and Labor and the new Minister of Planning and External Cooperation Ricard Pierre, announced the amount of "adjustments" on fuel prices decided by the Government which will come into force on Friday December 10, 2021.

In his intervention, Minister Boisvert explained that since 2010 the State had lost in fuel subsidies more than 150 billion Gourdes "[...] last year alone the State lost 30 billion Gourdes https://www.haitilibre.com/en/news-35031-haiti-economy-the-fuel-subsidy-will-cost-the-state-more-than-30-billion-2021-2022.html , for this year the situation has become untenable, this is how in application of the 1995 decree which says that when prices go up on the international market we must adjust the prices at the pump in Haiti, when they also down [...] the discussions with the players concerned, gas stations and officials, importers, transport unions, in particular, we have arrived at the determination of the new prices which will come into force on Friday morning."

New fuel prices per gallon :

The gasoline + 24.37% will increase from 201 to 250 Gourdes (+49 gdes)
Diesel +108.8% will go from 169 gourdes to 353 gourdes (+184 gdes)
Kerosene + 115.9%will go from 163 gourdes to 352 gourdes (+189 gdes)

The subsidy is partially reduced on gasoline (gasoline) and is totally eliminated on diesel and kerosene.

On gasoline, this is a first adjustment, and the increase in this fuel will be phased in gradually until the subsidy is completely eliminated. Minister Pierre Ricot guaranteed that the prices of the various public transport circuits will remain unchanged, affirming "Since there is not a significant increase (!) [+ 24.37%] in the prices of gasoline the prices public transport will not be adjusted. The applicable price list will remain unchanged.

Adding that the Government was in consultation with the trade union associations for a targeted subsidy of diesel. A fuel used by industry, trucking, health services, businesses, telecommunications, among others

In his speech, Ricard Pierre the new Minister of Planning and External Cooperation declared that the cancellation of the subsidy on petroleum products will allow the State to save significant sums to meet the needs of the population. at all levels.

Note that beyond the declaration of Minister Boisvert who suggests consultation with unions, trade unions including the Confederation of Workers of the Public and Private Sectors (CTSP), the Confederation of Haitian Workers (CTH) and the Centrale Nationale des Ouvriers Haïtiens (CNOHA) have clearly expressed their disagreements over increasing the price of fuel, citing the State's waste of money to justify their position and call on the population to thwart this decision.

Remember that these increases are infinitely greater than those that the Government under the Presidency of Moïse, tried to apply in July 2018 https://www.haitilibre.com/en/news-24881-haiti-flash-the-price-of-gas-explodes-at-the-pump.html and which had triggered riots with catastrophic results https://www.haitilibre.com/en/news-25055-haiti-flash-heavy-balance-of-riots.html

To be continued...

See also:
https://www.haitilibre.com/en/news-35031-haiti-economy-the-fuel-subsidy-will-cost-the-state-more-than-30-billion-2021-2022.html
https://www.haitilibre.com/en/news-25055-haiti-flash-heavy-balance-of-riots.html
https://www.haitilibre.com/en/news-24881-haiti-flash-the-price-of-gas-explodes-at-the-pump.html

SL/ HaitiLibre

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