St Lucia To Cap Fuel Price, Cut Tax on Some Items To Tamp Prices

St. Lucia’s Prime Minister Philip Pierre said his government would cap fuel prices and reduce the value-added tax on some consumer items to contain inflation as part of the 2025-2026 budget.

• Pierre, speaking at parliament via webcast, said fuel would be capped at $5.91 per gallon until July 1, 2026 as part of $923.3m annual budget
• The 12.5% VAT has been eliminated on some food items including cheese, sausages, cornflakes, Pierre said
• Pierre said St. Lucia would turn to Brazil for meat and poultry imports instead of the US, its historical supplier

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