The recently announced ten per cent reduction of excise tax on gasoline will cost the government millions of dollars, but will ensure that the fuel remains below $1,000 per gallon and that in turn there would be no fare increases.
According to a press release from GINA, the Ministry of Tourism, Industry and Commerce has also asked minibus drivers to submit a quota of the spare parts they use so a decision could be made on whether there should be a reduction in the taxes on these items.
