EPISODE · Sep 14, 2026 · 1 MIN
Rising Oil Prices Contribute to $26 Million Government Revenue Shortfall
from Government of Saint Lucia
The Government of Saint Lucia is reporting a $26 million revenue shortfall between April and September, attributed mainly to the reduction in excise tax on fuel amid rising international oil prices. Prime Minister and Minister for Finance Hon. Philip J. Pierre says the impact is being felt despite fuel prices at the pump remaining unchanged, with August alone recording a $15 million shortfall.
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Rising Oil Prices Contribute to $26 Million Government Revenue Shortfall
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