The economist Henry Hebrard considered that it will be extremely difficult for the government to continue maintaining the fuel subsidy, at a time when the price of Petroleum has surpassed the barrier of 115 dollars a barrel.
The expert said that an alternative that the authorities can consider in this scenario is to focus the subsidy on the fuels most used by the vulnerable sectors of the population.
Specifically, he mentioned liquefied petroleum gas, as well as gasoline and regular diesel oil, because they are derivatives of crude oil used by housewives, workers at the wheel and the productive sectors.
Hebrard recalled that last March 7 the President Luis Abinader announced that the government would keep fuel prices frozen as long as oil traded between $85 and $115 per barrel.
In compliance with this provision, since March 4, the authorities have allocated more than one billion pesos weekly to avoid transferring the increases to citizens.
In the middle of this week the West Texas Crude, which is used as a reference in the country, began to be quoted above 120 dollars, which could cause increases in the cost of hydrocarbons as of next Saturday.
