The government of Antigua and Barbuda is expecting a rise in fuel prices as early as this week. The Prime Minister indicated that the current subsidy was no longer sustainable, leading to a maximum increase of 2 EC$ per gallon. Despite attempts to keep prices stable in the face of rising international costs, the economic situation forces the government to act to avoid significant financial losses.
Imminent Fuel Price Increase Due to End of Government Subsidies
This article was updated at 07:10.