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In a country that has seen fuel prices increase by six times between 2016 and 2022, the United National Congress’ (UNC) campaign promise that those prices would fall appealed to many people looking to save on their expenses.
While much has been said about the feasibility of many of the UNC’s campaign promises, the ability to achieve this promise may actually have its roots in a suggestion made by the former administration.
Since his presentation of the 2020 budget, former finance minister Colm Imbert hinted at the liberalisation of the fuel price market.
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