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Tuesday, October 4, 2022
HomeNewsLocal NewsEC$400 Fuel Subsidy Program for Passenger Bus Owners

EC$400 Fuel Subsidy Program for Passenger Bus Owners

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by Kevon Browne

St. Kitts and Nevis (WINN): Owners of passenger buses for hire were not left out of the current move from the government to alleviate the financial strain caused by the COVID-19 pandemic.

Prime Minister, the Hon. Dr. Timothy Harris addressed ways to aid passenger bus owners financially through this second economic stimulus package.

“Our bus operators, [received] strong support from my government having reinstated the annual import duty exemption for 16 tyres, four pairs of brake pads, and three pairs of brake shoes over six months for these passenger bus operators. We went further; a fuel subsidy of EC$400 monthly will be paid to passenger bus operators for the next three months.”

Dr. Harris made those remarks during the July 13 broadcast of Leadership Matters.

Financial Secretary in the Government of St. Kitts and Nevis, Hilary Hazel, spoke of the Fuel Subsidy Program during her remarks on Leadership Matters of the same date. The program is geared towards owners/operators of passenger buses in the Federation who were negatively impacted by the COVID-19 pandemic and not receiving any other form of income.

The program includes EC$400 over three months to owners of passenger buses.

The Financial Secretary explained the conditions of the EC$400 Fuel Subsidy program.

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