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Jamaica’s petroleum prices to be aligned with tiered pricing mechanism
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Jamaica’s petroleum prices to be aligned with tiered pricing mechanism
By Latonya Linton KINGSTON, Jamaica, (JIS) – A tiered pricing mechanism is being implemented, which will see petroleum prices being more closely aligned to global price movements, minister of energy, transport and telecommunications, Daryl Vaz, disclosed during a post-Cabinet press briefing, held at Jamaica House on April 15. Minister Vaz explained that while the current mechanism has been effective in cushioning consumers, it has resulted in si…
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