Grenada: The petroleum merchandise in Grenada are supposed to observe new pricing efficient July 18th,2024. The data was shared by the Ministry of Finance in a information launch stating the up to date pricing of Gasoline, Diesel, Kerosine, and Liquified Petroleum Fuel (LPG) or cooking fuel.
The pricing is ready to vary for the entire tri-island state of Grenada, together with Carriacou, Petite Martinique, and Grenada. In accordance with the report, the pricing for Gasoline, Diesel and Kerosene are supposed to lower for all three islands. Gasoline is reported to be cheaper by $0.40, Kerosine by $0.60. Whereas Diesel will expertise the utmost decline of $0.77. The brand new costs for all three of them will probably be $0.40, $0.60, and $0.77 respectively.
Then again, LPG will expertise a $7.60 hike for the 200lb class and a $0.05 rise within the Bulk class. Notably, the 20lb class will expertise no change in pricing. Though the alteration is identical in all of the three international locations the costs fluctuate amongst them.
The LPG in Grenada will probably be cheaper as it’s going to value $243.25 for the 100 lbs class $40.0, and $2.50 for the 20 lbs and bulk class respectively. Alternatively, the residents in Carriacou and Petite Martinique must pay $266.25 for a 100 lbs cylinder and $49.00, $2.50 for the 20 lbs and Bulk Class.
The ministry additional within the launch acknowledged that the pricing is continually monitored and can intervene if obligatory or the pricing will increase to $17. The pricing of petroleum merchandise is absolutely harmonized with all of the briefings made by the Minister of Finance within the 2023 Finances speech, the discharge addressed.
The discharge additionally acknowledged the pricing of petroleum items is managed by the authority and therefore no retailer can change the acknowledged value. The discharge additional addressed the customers to inform to the Customers Affairs Unit, in the event that they expertise any change in pricing. The phone quantity to report the overpricing is; 440-1369.
