ā›½ Opposition leader urges for fuel duty cut in Cayman Islands

šŸ“‰ Move aims to alleviate rising cost of living amid inflation

ā›½ Opposition leader urges for fuel duty cut in Cayman Islands

Opposition Leader Roy McTaggart is urging the government of the Cayman Islands to eliminate all fuel duty for a year. This move is aimed at helping residents cope with the soaring cost of living in the country. Despite a slowdown in inflation, the prices of most imported goods, including fuel, remain high due to global factors. McTaggart believes that a temporary removal of fuel duty could provide some relief to struggling families. šŸ“ˆ

McTaggart, supported by MP Barbara Conolly, has filed a private member's motion to be discussed in the upcoming parliament meeting. The motion also requests the government to implement another Electricity Relief Programme, similar to one introduced last year, to help residents handle the heat of the upcoming summer. The cost of living crisis in the Cayman Islands is severe, with grocery prices alone having risen by over 25%. McTaggart is calling on the government to use the additional revenue from import duty to provide financial relief to residents by waiving fuel duty for power bills, cooking gas, and at gas stations for a year. He also stressed the need for the government to ensure that fuel importers pass on the savings to their customers. ā›½