Q2.5 billion to keep diesel at Q39: How the government proposal would work
Translated from Spanish and summarized by DistantNews. Read the original for the full story.
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- Guatemalan President Bernardo Arévalo proposed measures to limit the effect of rising international diesel prices on consumers.
- A government document reviewed by La Hora proposes temporary social support of up to Q2.5 billion to keep diesel at Q39.
- The proposal’s resources would be administered under a mechanism described in the document.
President Bernardo Arévalo has presented a proposal aimed at keeping diesel at Q39 and shielding consumers from the latest rise in international prices.
The plan seeks to prevent the increase from being passed directly on to consumers. La Hora said it obtained the document outlining the proposal after Arévalo announced it on Monday.
The document proposes temporary social support of up to Q2.5 billion. The funds would be administered under the mechanism set out in the government proposal, which is intended to contain the impact of higher diesel prices.
About this summary
Originally published by La Hora in Spanish. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.
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