Jump to content

Recommended Posts

  • Moderators
Quote

$ 100 million fuel subsidy for public transport

freezej.jpeg

Posted 27/05/2022

A measure to temporarily stabilize the price of fuel in public transport will come into force on June 3.

An  Executive decree was s  on Friday, May 27 by the president, Laurentino Cortizo, which will last three months and $100 million will be allocated for this purpose.

The measure establishes a fixed price per gallon of $3.95 ($1.04 per liter) for 91 and 95 octane gasoline and low sulfur diesel, for public transportation (collective and selective) as of June 3, The benefit does not include the Metro Bus transportation system.

The State will assume the difference in the cost of fuel with the subsidy.

The relief measure includes the authorization of a fuel voucher for the commercial land fleet and registered rolling agricultural machinery, which will come into force as of June 10.

Vehicles with commercial registration and rolling agricultural machinery registered in the Single Vehicle Registry will receive the accreditation of a monthly digital voucher that can be consumed in fuel.

The Transportation Authority (ATTT) will establish the amount of the fuel voucher for these categories of beneficiaries.

The Executive's statement does not explain how much fuel each driver can buy or the procedure to obtain the benefit of the voucher.

https://www.newsroompanama.com/news/100-million-fuel-subsidy-for-public-transport

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...