Haiti Backtracks on Fuel Increase

(Energy Analytics Institute, Ian Silverman, 9.Jul.2018) – The Haitian government reversed a controversial fuel hike announced over the weekend due to violent protest in the capital and other parts of the country.

The fuel hike was implemented as part of IMF stipulated sanctions, reported the daily newspaper Listin Diario.

The Miami Herald reported that “the announced fuel hikes, which took effect at midnight Friday before being temporarily suspended, called for a 38 percent increase for gas, 47 percent for diesel and 51 percent for kerosene.”

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Author: ENERGY ANALYTICS INSTITUTE (EAI)

Energy Analytics Institute (EAI) is a Houston-based independent think-tank providing unbiased research, analysis, commentaries, opinions and breaking news related to the petroleum sectors in the Latin American and Caribbean regions.

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