Peru Rolls Out Fuel Subsidies Amid Rising Protests
28 Articles
28 Articles
The Peruvian executive decreed a discount of 15% to 20% on the price of diesel and gasoline.The measure responds to the transport stoppage and intense protests recorded in the Ucayali region.The economic benefit will be valid for three months and will include motor taxis and river transport.Extraordinary measures to stop the rise in diesel prices President Keiko Fujimori officialized a program of targeted subsidies to mitigate the impact of the …
Protests in Peru Force Fujimori To Subsidize Fuel for Transporters
Three-Month Measure Will Cut Diesel and Gasoline Prices by 15% to 20% for Selected Transport Workers. On Friday, Peruvian President Keiko Fujimori announced a subsidy of between 15% and 20% on the price of diesel and gasoline targeted at freight and passenger transport operators, mototaxi drivers and river transport operators. Through this decision, which will provisionally remain in effect for three months starting Aug. 15, the far-right politi…
Economic support seeks to contain the impact of union protests and curb inflationary escalation.
LIMA (AP) — The Peruvian government announced Friday it will provide transportation subsidies to offset rising fuel prices and quell protests in the Amazon region, including road blockades that have spread to the Andes and become the first major conflict facing the administration.
“We cannot give results in 15 days, please. I ask you for patience, but above all I ask you to trust this government, because this government will restore order and tranquility,” the Peruvian president promised this week, without offering specific deadlines or targets to reduce violence. Fujimori announced this Friday a subsidy of between 15% and 20% to the purchase of diesel for transporters nationwide.
Peru announces fuel subsidies for transport sector amid protests over rising costs
Peruvian President Keiko Fujimori said on Friday the government will implement short-term fuel subsidies for drivers working in cargo and passenger transportation, aiming to offset the burden of higher costs that have set off protests in part of the South American country.
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