
Fuel prices rise RD$15 in a week, sectors reject increase for the second time
The Government raised gasoline and diesel prices by 15 pesos between last Friday, March 13, and this Friday, March 20, a measure that shakes the economy of the entire population and creates an inflationary effect throughout the supply chain of necessities. The Ministry of Industry, Trade and MSMEs (MICM) announced yesterday that, as a result of the instability of the global oil market as a result of the armed conflict in the Middle East, the Government will assume a fuel subsidy of RD$ 1,702.2 million, while providing a readjustment of RD$ 10 in the prices of gasoline and diesel, which are added to the increase of RD$5 to these same hydrocarbons last week. Industry and Commerce explained that, to protect the national production chain, the State will absorb more than RD$45 per [...]







