LatinNews Daily - 19 April 2022

In brief: Nicaragua announces new temporary fuel price freeze

*Nicaragua’s government led by President Daniel Ortega has announced that it will absorb 100% of fuel price increases for the week of 17-23 April. It said that diesel prices for this week should have increased by C$16.32 (US$0.45) this week and by C$30.00 per 25lb cylinder of liquid petroleum gas (GLP) (often used for cooking) but this would be absorbed by the government. It also announced it would freeze prices of premium and regular gasoline but did not indicate what this increase was.

End of preview - This article contains approximately 89 words.

Subscribers: Log in now to read the full article

Not a Subscriber?

Choose from one of the following options

LatinNews
Intelligence Research Ltd.
167-169 Great Portland Street,
5th floor,
London, W1W 5PF - UK
Phone : +44 (0) 203 695 2790
Contact
You may contact us via our online contact form
Copyright © 2022 Intelligence Research Ltd. All rights reserved.