Colombia Fuel Price Freeze Would Cost More Than US$3B a Year

Haber özeti

Freezing gasoline and diesel prices can provide immediate relief to Colombians’ wallets, but it represents a growing cost for public finances. The decision to keep both fuels stable at a time of sharp increases in international prices could force the government to assume a bill of nearly 9.7 trillion pesos (just over US$3 billion) a […]