Federal Gov’t extends temporary relief measures to cushion rising fuel costs

Post Credit: VON Radio

The Government of Saint Kitts and Nevis (or the Federal Government) has extended its temporary support and relief programme, thus protecting households and businesses from the rising cost of living.

 

According to Cabinet Secretary, Dr. Marcus L. Natta, following guidance from the Ministry of Finance, the Cabinet has now approved an extension of the programme from August 1 to September 30, 2026, on the same terms and conditions currently in effect.

 

The government introduced the programme earlier this year to cushion the impact of increasing living and operating costs, a response to higher international fuel and shipping prices driven by ongoing geopolitical tensions in the Middle East and their ripple effects on global supply chains.

 

Cabinet approved a series of temporary fiscal measures for the period April 30 to July 31, 2026. The extension will continue to provide: a 50 percent reduction in the Excise Tax applicable to eligible gasoline; a 50 percent reduction in Customs Service Charges on gasoline; and the exclusion of shipper surcharges from customs tax and duty calculations.