The Ministry of Industry, Commerce and MSMEs (MICM) announced that the Dominican Government has injected an additional sum of RD$1,087.9 million in fuel subsidies. This measure seeks to mitigate the impact of the increases recorded in petroleum derivatives within the international market, thus protecting the pockets of citizens.<\/p>\n\n
For the period between August 15 and 21, a moderate adjustment of RD$3.00 has been arranged for gasoline and regular diesel. Despite this increase, the values remain below the levels established on June 13, the date on which the 90-day freeze program began as a fundamental part of the Government’s Anti-Crisis Plan.<\/p>\n\n
The Government maintains its commitment not to exceed the established prices as long as oil remains below US$95, thus guaranteeing the sustainability of the Anti-Crisis Plan implemented for the benefit of the population.<\/p>Alofoke Deportes<\/cite><\/blockquote>\n\n
International impact and current subsidies<\/h2>\n\n
The geopolitical situation, marked by the conflict between the United States and Iran, has caused a significant increase in refining margins, standing at 26% for gasoline and exceeding 64% in the case of diesel. Given this scenario, the State continues to absorb a significant portion of the actual cost per gallon:<\/p>\n\n\n
\n
- LPG: RD$15.78 subsidy.<\/li>\n
- Premium Gasoline: RD$9.97 subsidy.<\/li>\n
- Regular Gasoline: RD$33.36 subsidy.<\/li>\n
- Regular Diesel: RD$86.89 subsidy.<\/li>\n
- Optimum Diesel: RD$78.39 subsidy.<\/li>\n<\/ul>\n\n\n
With this new allocation, the total amount earmarked for subsidies so far this year exceeds the figure of RD$26 billion, reaffirming the state’s effort to maintain the country’s economic stability.<\/p>\n\n
Official fuel prices (August 15 to 21)<\/h2>\n\n\n
\n
- Premium Gasoline: RD$341.10 (price remains unchanged).<\/li>\n
- Regular Gasoline: RD$307.50 (up RD$3.00).<\/li>\n
- Regular Diesel: RD$259.80 (up RD$3.00).<\/li>\n
- Optimum Diesel: RD$293.10 (price remains unchanged).<\/li>\n
- Avtur: RD$286.46 (up RD$4.96).<\/li>\n
- Kerosene: RD$324.60 (up RD$5.10).<\/li>\n
- Fuel Oil #6: RD$159.06 (up RD$0.88).<\/li>\n
- Fuel Oil 1%S: RD$190.03 (down RD$2.62).<\/li>\n
- LPG: RD$135.20 (price remains unchanged).<\/li>\n
- Natural Gas: RD$43.97 per m\u00b3 (price remains unchanged).<\/li>\n<\/ul>\n\n\n
For these calculations, the weekly average exchange rate used is RD$58.48, in accordance with the official reports from the Central Bank.<\/p>","protected":false},"excerpt":{"rendered":"
Dominican government allocates RD$1,087.9 million to subsidize fuels The Ministry of Industry, Commerce and MSMEs (MICM) announced that the Dominican Government has injected an additional sum of RD$1,087.9 million in fuel subsidies. This measure seeks to mitigate the impact of the increases recorded in petroleum derivatives within the international market, thus protecting the pockets of […]<\/p>\n","protected":false},"author":1,"featured_media":133554,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12809],"tags":[1271,13203,13471,13472],"class_list":{"0":"post-133553","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-national","8":"tag-dominican-republic","9":"tag-fuels","10":"tag-micm","11":"tag-subsidies"},"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/posts\/133553","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/comments?post=133553"}],"version-history":[{"count":0,"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/posts\/133553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/media\/133554"}],"wp:attachment":[{"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/media?parent=133553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/categories?post=133553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alofokedeportes.com\/en\/wp-json\/wp\/v2\/tags?post=133553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}