[News Boquete] Government of Panama extends fuel subsidy until January 15, 2023

Reprinted from The Panama Perspective

Government of Panama extends fuel subsidy until January 15, 2023

The Government will extend the subsidy until January 15, 2023, keeping the price of the gallon at $3.25 for 91- and 95 octane, as well as low-sulphur diesel, with the aim of continuing the dynamization of the country's economy.

This subsidy represents a fiscal effort for the State in the midst of the austerity measures adopted as a result of the war

If this subsidy is not applied, the 95-octane gasoline gallon would cost $4.12; the 91-octane gallon would be $3.91 and diesel would cost $4.25.

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