Cortizo signs Decree that freezes the price of fuel, as of June 3 carriers will charge $3.95


This measure comes to alleviate the negative economic impact that has been left by the constant increase that fuel has had in recent months.

Cortizo signs Decree that freezes the price of fuel, as of June 3 carriers will charge $3.95

President Laurentino Cotizo in the province of Colón. Photo: Courtesy

As part of the agreements reached with the transport sector, and as a measure to avoid an increase in fares, on the morning of this Friday, May 27, the President of the Republic, Laurentino Cortizo, signed in the province of Colón the Decree through which sets a maximum price per gallon of fuel at $3.95, this for selective and collective public passenger transport, in addition to granting a fuel voucher for the commercial land fleet and rolling agricultural machinery registered in the country.

According to the Executive Decree, it will be as of June 3, 2022 that the fuel service stations will charge each gallon of fuel at $3.95, this price will be applied to the holders of operating certificates of collective and selective public land transport of passengers, this measure excepts the Metro Bus.

“We signed the decree that formalizes the fixed price of B/.3.95 per gallon of fuel for selective and collective land public passenger transport, and establishes a fuel voucher for the commercial land fleet and registered rolling agricultural machinery,” wrote the President Cortizo on his twitter account.

This measure comes to alleviate the negative economic impact that has been left by the constant increase that fuel has had in recent months.

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