In a strategic response to fluctuating global oil markets, the Haitian government has formally inaugurated a specialized Advisory Council to oversee petroleum product pricing mechanisms. The establishment ceremony, presided over by Economy and Finance Minister Serge Gabriel Collin on March 29, 2026, at the Prime Minister’s Office, marks a significant step toward market stabilization.
The newly formed council represents a tripartite collaboration between government entities, labor unions, and petroleum industry stakeholders. Its nine-member composition includes three representatives from labor unions (Montès Joseph, Jacques Anderson Desroches, and Méhu Changeux), three government delegates (Vladimyr Monval, Steeve Polycarpe, and Jean Nerva Siméon), and three industry specialists from oil companies and distribution associations (Mildred Noisy, David Turnier, and Jean Jackson Marseille).
This advisory body assumes critical responsibilities including continuous monitoring of pricing mechanism implementation, rigorous assessment of product quality standards and regulatory compliance, and development of policy recommendations to enhance petroleum market governance. The council is mandated to deliver periodic reports to relevant governmental authorities.
A cornerstone of the new framework involves a comprehensive pricing structure that transparently incorporates importation costs, tax and duty components, logistical expenses, and reasonable operator profit margins. This approach aims to balance market sustainability with consumer protection.
During the installation proceedings, Minister Collin and Social Affairs Minister Marc-Élie Nelson jointly emphasized the government’s dual commitment to safeguarding economically vulnerable populations and supporting industries most affected by price fluctuations, particularly within the ongoing humanitarian crisis context. The initiative represents a structured effort to mitigate the impact of international oil price volatility on Haiti’s domestic economy.