2024-05-14 05:11:30
President Daniel Noboa established an Energy Optimization Committee with the goal of designing a fuel pricing scheme that could involve targeting subsidies.
According to a report, several citizens expressed their rejection of the possibility of targeting fuel subsidies. The opposition comes mainly from those who depend on the use of vehicles as a work tool. Those consulted suggest that President Noboa explore other alternatives to raise funds.
“Let him (Daniel Noboa) and his family pay the taxes they owe to the State, there he can raise money,” say drivers.
It is important to remember that since April 1, 2024, with the increase in VAT from 12% to 15% decreed by the president, there was also an increase in the price of gasoline: currently, Extra and Ecopaís gallons of gasoline have a cost of USD 2.46, while a gallon of diesel is USD 1.79.
Although the elimination or targeting of fuel subsidies is not a confirmed measure, it has been a proposal that President Noboa has mentioned on several occasions.