Economic
SVG likely to face higher energy costs within 12 months – PM
Prime Minister warns that Saint Vincent and the Grenadines is likely to face significantly higher energy and fuel costs within the next 12 months, which will pressure households and businesses.
During a press conference following the 50th Regular Meeting of the CARICOM Conference of Heads of Government, Prime Minister Dr. Godwin Friday, who also serves as Minister of Finance, Legal Affairs and Justice, Economic Planning, and Private Sector Development, warned that St. Vincent and the Grenadines faces a high likelihood of experiencing much higher fuel costs within the next year. This energy cost pressure is expected to feed into broader economic challenges, including higher cost of living and input costs for businesses.
- Status
- active
- Location
- Saint Vincent and the Grenadines
- Date added
- 2026-03-26 04:16 UTC
- Last updated
- 2026-03-26 04:16 UTC
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