Govt to elevate pump price of premium gasoline to $11.64 per gallon

The Ministry of Finance declared that the pump price of premium gasoline would increase by $1.24 from $10.40 to $11.64 per gallon on Tuesday, March 23, 2021.

23rd of March 2021

Belize: The Ministry of Finance declared that the pump price of premium gasoline would increase by $1.24 from $10.40 to $11.64 per gallon on Tuesday, March 23, 2021.

The prices for regular gasoline, kerosene, and diesel will continue unchanged at $10.92, $6.75 and $10.15 per gallon, respectively.

The price change reflects current demand and supply conditions of crude oil in the international petroleum market and fluctuations in the acquisition price of refined fuel products in the countries from which Belize obtains its supplies.

The administration of Belize monitors the price movements and supply conditions closely and will work with the fuel sector to safeguard the pump prices paid by Belizean consumers.

As fuel is an essential commodity, the people of Belize were upset after knowing this decision. On the other hand, there were people who were supportive of increasing the value of fuels.

A resident, Christopher Olmedo, stated, “It’s not entirely the GOB fault. Gas prices are increasing globally; however, this should serve as another reason for government vehicles to be parked after 5 and on weekends. This is no time for taxpayers to be paying for extra gas so they can use these vehicles as their vehicles when we can hardly afford to put gas in our own.”

John E Waight stated, “this government need to understand that we the Belizeans know for a fact that new shipment is not coming every week for them to use that bullshit excuse of acquisition cost on the international market.”

The other Caribbean countries, like Barbados, also have increased their fuel prices that made chaos in public.

Fuel price’s increasing in the country in the era of COVID-19 is just the way of creating stress in the citizens. Whereas the COVID-19 cases are three-day Report for March 20-22, 2021, 7 New Confirmed Cases, 5 New Recoveries and 0 New Deaths Reported.

The Ministry of Health and Wellness has started its COVID-19 vaccine campaign countrywide. The government urge you to get vaccinated. After getting vaccinated, persons are to continue wearing a face mask properly in public, maintain consistent physical distancing, avoid social gatherings, and wash and sanitize hands often.

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