Minister of Transport, Mike Henry, is to kick off consultations with industry stakeholders regarding possible increases in taxi and bus fares.

Several groups are calling for a minimum increase of 50-percent to offset the costs associated with the increase in the Special Consumption Tax, SCT, on petrol.

There’re also concerned about a 20-percent increase in motor vehicle licensing fees.

Speaking with Nationwide News yesterday, Minister Henry says the discussions will not be limited to the cost of fuel.

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He says the discussions will take into consideration other issues affecting the transport industry such as the cost of insurance and road infrastructure.

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