The crisis caused by Daniel Ortega continues to hit the economy of Nicaraguans. As of this Sunday, March 12, the cost of premium gasoline, used in light cars, will remain at $5.09while that of Regular gasoline, applied to old cars and SUVs, will continue at $4.97.
The information was confirmed to international media by the authorities of the Nicaraguan Energy Institute (INE) and the Ministry of Energy and Mines. On the other hand, it was revealed that the price of diesel, used in cargo and collective transportation, will be maintained at $4.49 per gallon, that is, 3.78 liters.
Without a doubt, the decisions of the Daniel Ortega regime have caused economic damage to the population. That Central American economy of six million inhabitants began to deteriorate after the social outbreak that called for democratic reforms from the government, accused of committing “crimes against humanity” by human rights organizations during the repression of the protests.
⛽️ The Nicaraguan Institute of Energy has announced that the current prices of fuels and cooking gas will be maintained during the week of March 12-18. pic.twitter.com/O23EVxjyLo
— Canal 2 (@Canal2Nicaragua) March 11, 2023
One more week with frozen fuel prices
For the week that goes from March 12 to 18, according to the international prices of petroleum derivatives“the adjustments that are required will not be applied, keeping the local prices of gasoline and diesel fuels unchanged, for the benefit of Nicaraguan families,” indicated the INE and the Ministry of Energy and Mines, which keep the national currency frozen. prices from April 9, 2022.
According to the Executive, By assuming 100% of the increases in the prices of fuels and liquefied cooking gas, the State of Nicaragua disburses between 4 and 6 million dollars a week.
Nicaragua has a fund of 200 million dollars as part of a credit line of up to 800 million dollars, arranged by the Central American Bank for Economic Integration (CABEI), to finance a regional support program in the face of the global rise in prices of the fuels.
The Nicaraguan authorities also ordered stability in the price of liquefied petroleum gas, used in Nicaragua for food preparation, whose cost has remained unchanged since the beginning of last April and varies depending on the size of the tank and the city where it is sold. .
Information from EFE News.