[Politics] This is how the price of gasoline in October was by cities after a rise

[-𝓣𝓐𝓚𝓘]

the rise in gasoline arrived. President Gustavo Petro announced that this would be one of the measures to combat the current deficit in the Fuel Price Stabilization Fund.

(You can also read: Alquería: the story of a doctor who turned milk bottles into health)

Later, the Minister of Finance, José Antonio Ocampo, assured that the increases would begin in October. In this case, 200 pesos per month until the end of 2022. In the last hours, the Ministries of Mines and Energy and of Finance announced that the increase would begin this Saturday, October 1 in the national territory.

Thus, the national average for October is $9,380 per gallon. Along with this, as announced, diesel will remain stable, that is, at a national average of $9,018, after the last increase made in July.

However, gasoline prices vary in each territory. We tell you how they turned out for the main cities of the country:

_ Villavicencio: 9,823
_ Cali: 9,762
_ Bogota: 9,723
_Manizales: 9,716
_ Pereira: 9,707
_ Ibague: 9,672
_ Medellin: 9,664
_ Hunting: 9,618
_ Bucaramanga: 9,477
_ Barranquilla: 9,408
_Cartagena: 9,368
_ Pasture: 8,222
_ Cucuta: 7,776

(Also, read: Mi Casa Ya Subsidies: there are no more resources for 2022)

For now, Villavicencio has the most expensive gasoline in the country, followed by Cali and Bogotá. As for the lower cost fuels, there are Cúcuta, Pasto and Cartagena.

Now, it should be remembered that Colombia is one of the countries with the lowest gasoline price in Latin America, where the average per gallon is 16,000 pesos. This, because of the Fund that has contained the impact of price volatility and accumulates, until August, a deficit of 24.7 billion pesos.

Drivers would pay $9 billion more in the next 15 months
This measure responds to a commitment assumed by the government to work to reduce the deficit of the Fuel Price Stabilization Fund.

For this year, the Autonomous Committee of the Fiscal Rule estimated that this year the deficit of this fund would be $34 billion. With the three increases proposed by the government of $200 for gasoline alone, the correction in this debt would be $600,000 million, explained Andrés Velasco, technical director of the entity.

If the rise is sustained for the next 15 months, the correction will be $9 billion, with which the Fepc's 2023 debt would be $29.5 billion, he concluded.

https://www.eltiempo.com/economia/sectores/precio-de-la-gasolina-como-quedo-el-precio-por-ciudades-en-octubre-706925