DR is the third country in Central America with the most expensive gasoline
The Regional Center for Sustainable Economic Strategies (Do you believe?) highlights in a recent analysis that the Dominican Republic It is ranked as the third country in Central America with the highest prices for various fuels, including gasoline premium (290.1 pesos per gallon), the gasoline regular (272.5 pesos per gallon) and premium diesel (239.1 pesos per gallon).
He Do you believe? bases its analysis on a report from the Central American Hydrocarbons Cooperation Committee. Nicaragua and Costa Rica They are the only ones that surpass the Dominican Republic.
Premium gasoline prices in the Dominican Republic and Central America https://public.flourish.studio/visualisation/19491628/
As he explains, such prices in the country include a reduction due to the Government subsidypaid by the taxpayer through taxes. Without them, prices would rise to 294.6 pesos for the gasoline premium, 276.9 pesos for the gasoline regular and 241.8 pesos for optimal diesel.
In relation to the regional average, the price in the Premium and regular gasoline It is about 7% more expensive in the Dominican Republic, and at best 4.2%, even though, as highlighted by the Do you believe?“the only country in the region that applies subsidies to lower its prices.”
Second in taxes
As regards high fuel taxes and established profit margins, according to the analysis, Dominican Republic It is the second country in the region with the highest taxes for the three fuels. Only the Costa Rica.
The gasolinepremium has a 34.5% tax on the total price, the gasoline regular It is 33.2% and for optimal diesel 25.5%.
He Do you believe? points out that “a tax transformation “that presents new alternatives for consumers such as reducing the tax per gallon of fuel, transforming the selective tax and replacing the ad-valorem tax with a value-added tax (Itbis).”
He explains that such measures would allow for a reduction in the costs of transport to the citizens.
“Given this scenario, of this high tax burden for companies and households, measures should be drawn up policies that do not penalize efficiency, competition and innovation, marketing and production of fuels,” they declare from the Do you believe?.
Spanish journalist and editor at Diario Libre. Graduated in Journalism from the University of Navarra, Spain.
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