Local NewsNews BUDGET 2022: Consumers to pay less for petroleum products effective Wednesday by Barbados Today 14/03/2022 written by Barbados Today Updated by Sandy Deane 14/03/2022 1 min read A+A- Reset Share FacebookTwitterLinkedinWhatsappEmail 185 The Mia Mottley administration has responded to calls for an ease in petroleum prices at the pumps. During her 2020 budget speech, Prime Minister Mia Mottley announced that effective midnight Wednesday March 16, Barbadians will pay $3.99 per litre for gas, a reduction of 14 cents. The price of diesel will also move from $3.46 to $3.32, also a decline of 14 cents. The savings have resulted from a cap on the amount of Value Added Tax (VAT) consumers pay at the pump. You Might Be Interested In Crystal Beckles-Holder, 2nd runner up in regional competition GUYANA: Body of child found after gold mine collapses Barbadians asked to help with return tickets for Haitians The measure will cost Government some $25 million in revenue. Read the full story in Monday’s E-paper Barbados Today Stay informed and engaged with our digital news platform. The leading online multimedia news resource in Barbados for news you can trust. You may also like Unemployed man jailed after admitting to criminal deception 13/11/2025 Man should pay compensation, lawyers agree 12/11/2025 Barbados may host resident bottlenose dolphins 12/11/2025