imageSão Tomé and Príncipe | Decree-Law No. 1/2011, of 14 March 2011

Surcharges of Diesel, Gasoline and Oil

Preview Extract:

GOVERNMENT Decree-Law No. 1/2011 Considering the fluctuation of oil prices in the world market and its impact on the domestic level; A new fuel price policy, compatible with the objectives of macroeconomic stability in general and economic development, needs to be implemented; It is imperative to review the duties and charges on imported fuels without jeopardizing the level of the public revenue; In these terms, in accordance with the competences conferred by subparagraph (c) of article 111 of the Constitution, the Government hereby decrees and I promulgate the following: