No fuel and electricity hike
fuel tax would only be raised on the basis of our observations of the economy. The IMF was also told that we would first wait for the findings of an international bureau before making a decision regarding the electricity subsidy and hike,” said Minister Hoefdraad in an official statement. Statistics from the second half of this year indicated that the recession was heavier than initially had been estimated and that the purchasing power was drastically dwindling which is why the government decided to slow down its measures. The IMF mission has advised the government to quickly scrap the electricity subsidy and to increase fuel tax in order to avoid having money problems.