The Attorney General’s Office reported that He asked the Ministries of Mines and Energy as well as the Ministry of Finance for accountability on account of how the sanitation of the Fuel Price Stabilization Fund (Fepc) debt.
(We suggest: Oil exploration activity would end in 2030 without new contracts)
The entity pointed out that the Ministers of Finance, Ricardo Bonilla, and of Mines and Energy, Andrés Camacho, They must respond with respect to the alternatives that have been considered to clean up the existing balance. and that allows the internal price to be leveled at the international level.
The Delegate for Environmental, Mining, Energy and Agricultural Affairs, requested a copy of the Stabilization Fund’s deficit reduction plan Fuel Prices to 2024, and an executive summary of the progress and results of its implementation.
(You may be interested in: This Saturday the dismantling of the diesel subsidy for large consumers begins)
Among what the heads of the portfolio will have to explain is: What are the alternatives that have been analyzed to make the Fepc fiscally sustainable, detailing proposals aimed at stabilizing and setting fuel prices.
Similarly, the control body explicitly asked the Minister of Finance to confirm whether there is a social investment plan for the resources that are no longer used as part of the subsidy of fuels.
(we suggest: Actions are urgently needed to reverse the decline in gasoline consumption, which has lasted 13 months)
It is worth noting thatThis Fund has generated a deficit of more than $57 billion between 2022 and 2023 And this year alone, a debt of $9.5 billion is expected to be generated, mainly due to the price of diesel, which is well below the international parity price.
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