P.U.P. Condemns ‘Historic’ Fuel Prices – Says Taxes Should Go Down

At news time, the Opposition People’s United Party has sent a release calling for Government to immediately reduce taxes on fuel, to alleviate the recent increases in fuel prices. The P.U.P. says that even with the cost of crude oil around fifty dollars per barrel, pump prices are among the highest in Belizean history, with premium reaching near twelve dollars in Belize City as of midnight. P.U.P. leader John Briceño says his party does not intend to simply watch the Government saddle Belizeans with exorbitant fuel prices, of which forty-three cents of every dollar goes to taxes. Reducing fuel taxes, the P.U.P. says, will help to ease Belizeans’ burden as they face down the already high cost of living and a stagnant economy.