No fu­el and elec­tri­ci­ty hi­ke

Times of Suriname - - ENGELS -

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.

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