Gasoline prices to rise, diesel prices to drop next Thursday

May 9, 2023  –WILLEMSTAD – Starting from Thursday, May 11, gasoline prices will increase to 2.40 guilders per liter, marking an eleven-cent rise from the current price. Conversely, the price of diesel will decrease by nine cents per liter, making it cost 1.78 guilders per liter. 

At the end of last month, the Pisas government faced difficulties in reaching a decision regarding the temporary suspension of excise duties. The Ministers of Economic Development and Finance held contrasting views on the matter. 

To break the ministerial deadlock, it was decided to maintain the current prices until further notice. However, this arrangement is now coming to an end, particularly due to Minister Silvania’s calculations that retaining the compensation measure would result in a cost exceeding twelve million guilders for the treasury.