Government to subsidize more than 300 million pesos this week

The Deputy Minister of Domestic Trade, Ramón Pérez Fermín, informed this Friday that the Government maintains its efforts to protect citizens from the fluctuations in international fuel prices, on this occasion, granting a subsidy of more than 300 million pesos.

“Since the first day of President Luis Abinader’s administration, we have been taking measures aimed at guaranteeing that fuel prices are more accessible to all Dominicans, knowing that this implies a superlative effort for the State’s finances, but aware of the relief it generates in the family pocket,” said the deputy minister.

He explained that this week “we will be assuming” DR 49.55 for each gallon of regular diesel and DR 44.99 per gallon of optimum diesel. This will imply in a general way to assume DR 350.6 million.

“Our commitment to you, to the entire population, is to continue to closely monitor prices in international markets, especially at a time of lower supply, higher demand and ongoing conflicts of global impact,” he reiterated.

Accordingly, they will be marketed as follows:

Premium gasoline DR 293.10 per gallon maintains its price.
Regular gasoline DR 274.50 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 219.56 per gallon increases DR 5.90.
Kerosene DR 251.20 per gallon increases DR 6.70.
Fuel oil #6 DR 164.22 per gallon up DR 3.02.
Fuel oil 1%S DR 178.39 per gallon up DR 4.49.
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 56.85, taken from the Central Bank’s daily publications.

Source: presidencia.gov.do

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