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#5004: Higher Prices for Petroleum Products in Haiti (fwd)
From: Max Blanchet <MaxBlanchet@worldnet.att.net>
Per an announcement of the Ministry of Finance
and the Ministry of Commerce and Industry,
effective September 2, 2000, new prices for
petroleum products are as follows:
Gas oil: 30.5 Gdes US $1.39 *)
Kerosene 26.0 Gdes US $1.18
Unleaded Gas - 91 46.0 Gdes US $2.09
Unleaded Gas - 97 56.0 Gdes US $2.55
On average, this amounts to an increase of 44%.
Prices to be charged for public transportation have been fixed
as well.
The GOH has justified this increase on the basis of the rapid
rise in the price of crude oil and the drop in the value of the
Gourde.
*) an exchange rate of 22 Gourdes per $ is assumed.