The MSME Alliance allege that the two audits revealed that the pricing mechanism of the Petroleum Corporation of Jamaica is being administered with limited oversight.

The audit pointed out that with the Petroleum Corporation of Jamaica being one of the market participants it was improper for it to administer the pricing system.

On Wednesday it was announced that motorists would have to pay more for gasoline for a ninth straight week as the Petroleum Corporation of Jamaica hiked prices to just below record levels.

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