The President said that Extra gasoline rises from today to $ 2.55, while diesel will be set at $ 1.90, these are higher prices than those in force
The president of the Republic, Guillermo Lasso, announced a few minutes ago “the suspension of the monthly increases in fuel prices”, but at the same time he said that from this day new prices of extra gasoline and diesel will govern.
The first president indicated that from today the extra gasoline will cost $ 2.55 a gallon, while diesel for public, community, school, tourism, heavy duty, mixed and public transportation will be $ 1.90. These prices are higher than those in force since last October 12: gasoline $ 2.50 and diesel $ 1.69.
The president made these statements in the middle of conversations he had held with the transport sector, until last night. And almost at the same time that a Conaie convention is held to decide measures related to fuel prices.
The president justified his decision by stating that in the economy he seeks to “provide stability to the pockets of Ecuadorians, executing actions that continue actions for the reactivation and creation of employment, especially for the poorest.”
He also said that to protect the rural and peasant economy, he has instructed governors and mayors to enforce without exception the official prices of rice, milk and fruits and all the products of the basic basket.
The Minister of Government, Alexandra Vela, indicated a few minutes ago on her Twitter account that President Lasso’s decision shows the importance of dialogue.
The decision of Pdte. @LassoGuillermo It shows that dialogue is always the way to reach consensus that society demands. With democratic conviction, the decision was made to suspend the increase in fuel prices. Dialogue will always be a priority. https://t.co/wlaPopV0D7
– Alexandra Vela Puga (@AlexandraVelaP) October 22, 2021
In Ecuador, the band system had been in force since May 2020 and was tied to the international price of crude. Due to the global increase, each month it was increasing a few cents.
Meanwhile, President Lasso recalled that since May 24, when he assumed responsibility for leading the country’s progress, he promised to vaccinate 9 million Ecuadorians in 100 days, and he fulfilled it. He also said that it has been possible to create 200,000 suitable jobs in sectors such as commerce, manufacturing, food service, among others. But he explained that now it is his turn to continue with measures both in security and in the economy.
Refering to security, said that since it is public, the state of exception has been decreed as part of the National Security Plan, to restore peace in the streets. (I)
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