With no cruise ships scheduled to dock in Barbados before October, taxi operators at the Bridgetown Port are anticipating a “grim” summer, with some even facing the prospect of losing their vehicles to the banks. This was the worrying picture painted by president of the Independent Seaport Taxi Union, Anthony Eastmond and Stevon Roberts, a member of the Bridgetown Port Taxi Co-op, in an interview with the MIDWEEK NATION. “Coming …
Government has backed away from cutting or removing any of the taxes on petrol products which many blame for high prices at the pump.The alternative, Minister in the Ministry of Finance Ryan Straughn declared, would be a decline in the public services that have kept many proverbial heads above the water in the COVID-19 pandemic, and curtailed capital works projects including a massive road repair programme.Straughn on Monday revealed that massive bills from the pandemic, the ashfall from the La Soufriere volcanic eruption and, most recently Hurricane Elsa, together with a $600 million falloff in revenue have left the economy in a “delicate” state. Exacerbating the already bad situation are price increases on the world market for basic commodities, including petrol, which has climbed to $3.99 and $3.16 per litre for gasoline and diesel, respectively, at the pump.
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