Subsidy for Bus Operators Will Be Reviewed if Fuel Price Hikes Continue

It’s been a couple of months since bus operators started to receive their fuel subsidy to stay afloat in the transportation industry. The government’s hope was that six months would buy time for the war in Ukraine to end or subside. That conflict has been blamed as the primary reason for the fuel price hikes across the globe. But there’s been a relentless upscale of prices and if the six-month period allotted for the subsidy expires before the war ends, Minister of Transport Rodwell Ferguson told News Five that cabinet will likely have to sit down again to come up with a new arrangement.

Rodwell Ferguson

Rodwell Ferguson, Minister of Transport

“We will have to revisit the entire structure again. The subsidy is for a period of six months and after six months we’ll have to take a new paper to Cabinet if the (fuel) price continues to rise.  I’ve always mentioned and maintained that I want to see an improved transportation system, so we are continuing negotiations and hopefully by December we will see a complete change in this country.”

Marion Ali

“And have they, on their part, been living up to their promise that is to upgrade the service that they provide?”

Rodwell Ferguson

“Well, I guess within a week or two, we are going to sign an M.O.U. with the National Bank to say what will be the prospects we have to try to assist all the bus operators across this country.”