Government maintains fuel subsidy to protect family economy

Ramón Pérez Fermín, deputy minister of Domestic Trade, informed this Friday that the government of President Luis Abinader is maintaining efforts to prevent international factors from impacting the stability of the domestic fuel market.

Perez Fermin explained that the prices of the most demanded petroleum derivatives will remain unchanged for the week of January 13 to 19, 2024. “All this thanks to the extraordinary subsidy plan that is maintained in some of the petroleum derivatives. Such is the case of regular diesel, which is being subsidized about 20 pesos, likewise, almost 13 pesos to optimum diesel and 3, 49 to LPG”, he said.

“This measure is taken with the firm commitment to protect the family economy, in the face of the fluctuations of the international market and to alleviate the eventual consequences of said increase.”

For the week of 13 to 19 January 2024, the Ministry of Industry, Commerce and Mipymes provides that fuels will be marketed at the following prices:

Premium gasoline DR 290.10 per gallon maintains its price.
Regular gasoline DR 272.50 per gallon maintains its price.
Regular diesel DR 221.60 per gallon maintains its price.
Optimum diesel DR 239.10 per gallon maintains its price.
Avtur DR 199.22 per gallon increases DR 9.61.
Kerosene DR 230.00 per gallon increases DR 10.50.
Fuel oil #6 DR 155.59 per gallon down DR 2.59.
Fuel oil 1%S DR 170.48 per gallon down DR 1.49.
Liquefied Petroleum Gas (LPG) DR 132.60 per gallon maintains its price.
Natural gas DR 43.97 per m3 maintains its price.

The weekly average exchange rate is DR 58.70, taken from the Central Bank’s daily publications.


author avatar
Dominican Republic Live Editor

Leave a Reply

Your email address will not be published. Required fields are marked *

four × two =

Verified by MonsterInsights