The Nicaraguan regime will add as of Sunday, September 11, 23 consecutive weeks with invariable fuel prices, after this Saturday the Nicaraguan Institute of Energy (INE) and the Ministry of Energy and Mines announced that they will maintain the costs to the final consumer during the next seven days.
“For the following week, the prices of gasoline and diesel fuels will remain unchanged,” the state entities announced, in a measure that also includes Liquefied Petroleum Gas (LPG), used in Nicaragua to prepare food.
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In this way, the cost of a gallon (3.78 liters) of superior gasoline, used in light cars, will remain at 5.14 dollars; and that of regular gasoline, applied to old cars and SUVs, will continue at 5.02 dollars; while diesel, used in cargo and collective transport, will remain at 4.54 dollars.
LPG prices, which will also remain frozen, depend on the size of the tank and the department (province) where they are sold, the INE confirmed.
In the case of diesel, car owners will have savings equivalent to 0.37 dollars per gallon, according to the Nicaraguan authorities, who did not specify the savings in other fuels.
The stability in these prices is intended to “mitigate the impact of the increase in these prices on the economy of Nicaraguan families,” according to official information.
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Fuels for transportation and food preparation have been frozen in Nicaragua since the beginning of last April.
Nicaragua has a fund of 200 million dollars as part of a line of credit of up to 800 million dollars, arranged by the Central American Bank for Economic Integration (CABEI) to finance a regional support program in the face of the global rise in prices of fuels.
