New price of extra and ecopaís gasoline in Ecuador will come into effect in July – 2024-07-13 20:57:46

2024-07-13 20:57:46

Deputy Minister of Government Esteban Torres said that the new price of extra and ecopaís gasoline should come into effect in July.

Ecuador moves forward with the elimination of subsidies to fuels. On June 24, 2024, during the first technical working table with the transport sector, the Vice Minister of Government, Esteban Torresassured that the new price of the Extra gasoline and eco-country should come into force in July in Ecuador.

It is expected that the Executive Order making the measure official is signed this last week of June and the price of the Extra gasoline and eco-country from 2.46 to 2.72 dollars per gallon. “As soon as the decrees are signed, the new prices would be in effect. It would be logical for them to come into effect next month, in July,” said Torres.

He also pointed out that the registration of beneficiaries of economic compensation, who are owners of taxis, tricycles and light and mixed transport vans, is awaiting progress. The government determined that taxi drivers receive economic compensation for 156 gallons of gasoline, tricycles for 90 gallons and mixed transport vans for 145 gallons.

This in dollars is:

Taxi drivers: $40.56 per month.
Tricycles: $23.40 per month.
Mixed transport vans: $37.7 per month.

As of noon on Monday, June 24, 2024, 16,905 drivers had completed the registration process, while 23,067 people had created their users.

Steps for registering compensation beneficiaries

1. Visit the website of the Ministry of Transport and Public Works.
2. Accept the personal data processing policy.
3. Click on register.
4. Enter the ID number and fingerprint code. If correct, the names will be displayed automatically.
5. Enter your email, create a strong password and confirm it by entering it again.
6. Check your email for a verification code and enter it here.
7. Log in with your ID number or RUC and the password you generated earlier. Click enter.
8. Fill in the details for the deposit of the assigned amount: bank name, ID and account number. Upload the bank certificate, which should already be ready in PDF file.
9. Click on send form.
10. By completing all these steps your registration will be successful.

By: EL COMERCIO