* Paraguay’s President Santiago Peña has announced a reduction in prices of fuel and gas sold by the state-owned oil company Petropar. Peña, who took office on 15 August, announced that the decreases would equate to 600 guaraníes (US$0.08) per litre in the price of diesel and gasoline, and of 1,500 guaraníes per kilogram of gas. On social media, Peña said the price reductions would be the first “of the many measures we are going to take so that Paraguayans can have more money in their pockets and be better off”. Peña also announced he had promulgated a law to create an economy and finance ministry, which fuses the finance ministry with the secretariat for economic and social development planning (STP) and secretariat for public administration (SFP).
Back
LatinNews Daily - 24 August 2023
In brief: Paraguay’s Peña reduces fuel and gas prices
- NICARAGUA: Ortega targets the Jesuits
- ECUADOR: Gov’t says it will not comply with oil and mining referendums
- In brief: Maduro announces new agricultural SEZ in Venezuela
- BRAZIL: Indigenous peoples’ ministry slams bill to limit demarcations
- In brief: Brazil’s congress approves rise in minimum wage
- In brief: Cuba’s gov’t criticises slow transition from cash-based economy
- MEXICO: Head of national search commission resigns
- In brief: Mexico’s banking association outlines credit potential for SMEs
- ARGENTINA: IMF provides fresh injection of funds
- In brief: Paraguay’s Peña reduces fuel and gas prices