Caribbean governments urged to balance fuel subsidies amid US-Iran conflict

BRADES, Montserrat, CMC – Caribbean governments are being urged to carefully balance short-term fuel subsidies with long-term investments as the conflict between the United States and Iran drives up global oil prices and strains already limited public finances.Speaking on a radio programme in Montserrat on Tuesday, Premier Reuben Meade said governments must be prudent in providing subsidies, warning that such measures ultimately come at a cost to taxpayers.

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