• About
  • OSAR LIVE
  • Contact
Friday, January 27, 2023
OSAR
No Result
View All Result
  • Login
  • Caribbean
  • International
  • Caribbean
  • International
No Result
View All Result
OSAR
No Result
View All Result
Home Business

Saint Lucia to remove service charge on price controlled goods

admin by admin
May 25, 2022
in Business
0
Saint Lucia to remove service charge on price controlled goods

Prime Minister of St Lucia, Philip J Pierre

0
SHARES
3
VIEWS
Share on FacebookShare on Twitter

Saint Lucia is to remove the service charge on all price-controlled goods as the government seeks to cushion the impact of the cost of living increases on the population.

“This week the Minister of Trade will announce that we have removed the service charge on all price controlled goods in the country. The six percent service charge has been removed from all price controlled goods. So the next shipment of price controlled goods that arrive the price should go down by at least six percent,” Prime Minister and Minister of Finance Philip J. Pierre told reporters on Monday.

READ ALSO

Local businesses to benefit from launch of Flow Business in Dominica

CARICOM teaching more youth how to become business owners

Pierre explained that his administration was trying its best under trying circumstances.

And he said he wanted people to understand that cost of living increases are a global problem around which no one should play politics.

“It’s a world situation there are issues in the supply chain, issues in with the price of fuel worldwide. Saint Lucia is not unique and anybody who wants to pretend that Saint Lucia is unique is not being truthful,” the Castries East MP asserted.

The Prime Minister noted that there was a shortage of baby formula in the ‘great United States’.

The US President had to activate the defense production act for the first time to import the commodity.

The act allows the US government more control over industrial production during emergencies and will enable it to direct suppliers of formula ingredients and prioritise delivery to manufacturers.

President Joe Biden also announced ‘Operation Fly Formula’, allowing the Defence Department’s Commercial planes to import formula.

But Pierre observed that Saint Lucia’s options are limited, while at the same time, the government has to meet payables, including debts and salaries.

He reiterated the need for people, not only the government, to conserve, save energy and eat what is grown locally.

“These times are crucial,” Pierre asserted.

SOURCE: SAINT LUCIA TIMES

Related Posts

Local businesses to benefit from launch of Flow Business in Dominica
Business

Local businesses to benefit from launch of Flow Business in Dominica

January 24, 2023
CARICOM teaching more youth how to become business owners
Business

CARICOM teaching more youth how to become business owners

October 17, 2022
Tron Partners With Dominica to Issue National ‘Fan Token’
Business

Tron Partners With Dominica to Issue National ‘Fan Token’

October 13, 2022
LIAT International formed, carrier to operate regional, international routes
Business

LIAT International formed, carrier to operate regional, international routes

October 6, 2022
Fuel, electricity costs reduced in St Vincent and the Grenadines
Business

St Lucians to pay less for gasoline, diesel

September 27, 2022
RUBIS Dominica suspends fuel sales to customers after ‘significant financial losses’
Business

RUBIS Dominica suspends fuel sales to customers after ‘significant financial losses’

September 15, 2022
Next Post
Dominica signs treaty to ban nuclear tests

Dominica signs treaty to ban nuclear tests

Please login to join discussion

POPULAR NEWS

Dominican shot execution-style in New York

Dominican shot execution-style in New York

March 31, 2022
“Why is my child?” – emotional mother of abducted child weeps

Statement by police on shooting death of Kian Alexander and search for Kernisha Etienne

June 19, 2022
Nightgown among items belonging to abducted child found in bushes

Nightgown among items belonging to abducted child found in bushes

June 9, 2022
Young Dominican journalist passes away

Young Dominican journalist passes away

May 25, 2022
Police in Dominica bring in trained dog and handler as search for abducted child continues

Police in Dominica bring in trained dog and handler as search for abducted child continues

June 9, 2022

EDITOR'S PICK

11-year-old pregnant girl in Antigua taken to hospital

11-year-old pregnant girl in Antigua taken to hospital

May 25, 2022
Jamaican pastor calls for reduction in travel tax

Jamaican pastor calls for reduction in travel tax

July 13, 2022
Pastor, wife assaulted during church service in Barbados

Pastor, wife assaulted during church service in Barbados

May 25, 2022
UK PM to be fined for attending COVID-19 lockdown parties

UK PM to be fined for attending COVID-19 lockdown parties

April 12, 2022

About

OSAR Radio (Old Street Audacity Radio) is a 24/7 operation. Learn More.Learn More

Listen Live

Recent Posts

  • OSAR’s Friday news package
  • OSAR’s Wednesday news package
  • Local businesses to benefit from launch of Flow Business in Dominica
  • UN Report: 131 Million People In Latin America And The Caribbean Cannot Access A Healthy Diet
  • Listen Live
  • About
  • Privacy Policy
  • Terms of Use

© 2022 Osar - Site by G & D Enterprises Inc.

No Result
View All Result
  • Caribbean
  • International

© 2022 Osar - Site by G & D Enterprises Inc.

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In