Topic: Fuel Market Regulations Bill
Finance minister warns against imposing petrol price controls
Warning that government overreach can “cause more harm than good” in certain instances, Cayman Islands Finance Minister Marco Archer warned opposition MLAs against the rush to implement fuel price controls in the local petroleum market.
EDITORIAL – Fuel price regulation: It may be good politics, but it’s bad policy
The Progressives’ proposal to lower the price of gasoline may look good on a bumper sticker, or sound good on the campaign trail, but as a piece of legislation, it’s bad policy and bad precedent.
