Council of Ministers approves a 50% reduction in the excise tax on gasoline as a temporary measure (Sint Maarten)

Following a joint initiative by the Ministries of Tourism, Economic Affairs, Traffic and Telecommunication (TEATT), Finance and Justice, the Council of Ministers has approved a (temporary) 50% reduction in the excise tax on gasoline. This measure will bring the maximum gasoline price down from XCG 3.102 to XCG 2.853 per liter, providing relief to households and businesses ahead of the holiday season. This has been announced with a news release ...