Thursday, November 30, 2023

Fuel prices will not increase until October 2023

Drivers in the country will receive help for their pockets this month. The Government has decided not to increase the price of gasoline in Colombia in October and its average price in the country for each gallon will remain at 13,964 pesos.

The last time the price of that fuel increased was on Saturday, September 2, when the Energy and Gas Regulation Commission (Creg) reported a 400 pesos increase.

(Fuel prices: what will be the ceiling at the end of the year).

In recent months, the gallon of gasoline has gone through several increases to reduce the deficit in the Fuel Price Stabilization Fund. In fact, the increase in gasoline completed almost a year of increase (11 months).

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It should be noted that the National Government announced the benefits for taxi drivers last month.

In this regard, the Minister of Finance, Ricardo Bonilla, mentioned the subsidy that he will give to taxi drivers to cover the cost of this fuel, which, as he noted, will last until January 2024.

(Why the leader of the taxi driver does not agree with the gasoline subsidy).

“What we recognize is that the gallon of gasoline has increased by $400 pesos and the taxi drivers consume more or less six gallons per day and the part that can be recognized will be the cost depending on the mileage. In the city $60,000 per taxi.”

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This assistance will work under the expired month modality, so the transfers corresponding to the month of September will start in October. In addition, this benefit is intended for taxi drivers who update their data in Runt.

Nation World News Desk
Nation World News Desk
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