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Antigua's former finance minister complains about fuel prices, hidden taxes

Published:Tuesday | January 6, 2015 | 9:43 AM

Antigua's former finance minister Harold Lovell has accused the Gaston Browne government of introducing hidden taxes on the island following its refusal to lower the price of petroleum products in the wake of a decrease in oil prices on the global market.



Lovell said that by keeping the price at the pumps steady despite a 50 per cent decline in global oil prices over the past six months, the government was collecting millions of dollars in consumption taxes.



He said the government needs to lower the price of fuel because it is getting three times what the former United Progressive Party government used to get per month in consumption taxes.



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