Latest update April 5th, 2025 12:59 AM
May 24, 2012 News
Gov’t offers incentives for co-ops
The government is looking to encourage the setting up of shuttle cooperatives to ease public transportation woes to the giant housing schemes that have been set up along the coast.
The initiative is being taken as passengers continue to complain about being ripped off by mini-bus operators. In addition, hundreds of passengers are left stranded on the roads for hours because of the unavailability of buses.
To get to Tuschen, East Bank Essequibo, one of the largest housing schemes set up, the normal transportation fare is $200. However, in the nights when buses are hard to get, passengers are asked to pay $300, $400 and even $500 at times if they want to get home.
This has continued despite numerous complaints.
Yesterday, Head of the Presidential Secretariat Dr. Roger Luncheon said the government is inclined to establish a shuttle service for large settlement communities.
“This will cater for buses to be provided to transportation cooperatives whose creation would be encouraged, and for them to benefit from cuts in taxis, for the importation of these vehicles and also for them to function in an acceptable context with the rest of the public transport system,” Dr. Luncheon said.
The Ministry of Finance had announced the reduction of the excise tax on gasoline from 15 percent to 10 percent, a move that has made a significant dent in tax revenues, hence allowing GuyOil to continue to retail gasoline at a cost of $980 per gallon resulting in no increase in public transportation fares.
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