Vehicle owners in Antigua and Barbuda will face a 40 per cent increase in licensing fees as part of the government’s road infrastructure improvement plan, officials announced Thursday.
“If at the moment you pay $400 to the ABTB, it’ll go to $560, 40 per cent. And it’s 40 per cent across the board for everyone,” explained Lionel Hurst, Chief of Staff in the Office of the Prime Minister, during Thursday’s post-Cabinet press briefing.
JOIN THE ABN WHATSAPP GROUP
FOLLOW THE ABN WHATSAPP CHANNEL
The increase will fund a major road repair initiative through a dedicated revenue stream. “They’re going to take this money that we’re going to put into a special fund, and they will use that money to repay a loan of about $100 million in the first instance. That will allow us to get a lot of work done at the same time,” Hurst said.
The new regulations, which will affect cars, trucks, buses, and heavy-duty equipment, are scheduled for their first reading in Parliament on February 25.
The user-fee system has already drawn criticism from opposition members, who voiced concerns before the specific percentage increase was announced. — Loop News
CLICK HERE TO GET ON THE ABN WHATSAPP
Аre you a business owner? Antigua Breaking News оffеrs fullу сuѕtоmіzаblе аnd flехіblе dіgіtаl mаrkеtіng расkаgеѕ. Yоur соntеnt іѕ dеlіvеrеd іnѕtаntlу tо thоuѕаndѕ оf uѕеrѕ іn Antigua аnd аbrоаd.
———————————————————————
CLICK HERE TO GET ON THE ABN WHATSAPP
CLICK HERE TO GET ON THE ABN WHATSAPP
CLICK HERE TO GET ON THE ABN WHATSAPP
CLICK HERE TO GET ON THE ABN WHATSAPP
CLICK HERE TO GET ON THE ABN WHATSAPP
CLICK HERE TO GET ON THE ABN WHATSAPP
Follow Antigua Breaking News on X, formerly Twitter @ABNAntigua and on Facebook. Send us a message on WhatsApp at 1-268-779-3189 or email us at antiguabreakingnews@gmail.com
The post Antigua and Barbuda to see 40 per cent hike in vehicle licensing fees appeared first on Antigua Breaking News.
