Hacienda Increases Subsidy to Diesel but Cuts Stimuli to Gasoline Magna and Premium
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The Ministry of Finance, again cut the fiscal stimulus it gives to gasolines, in the case of the Diesel maintains 100% of the support. The measure will be in force until next Friday October 30. For the gasoline Magna the tax subsidy is 48.31%, so the tax per liter is 3.46 pesos. [...] The article The federal government again cuts the fiscal stimulus to gasoline appeared first in: 88.9 News.
The SHCP awarded a zero IEPS quota to the liter of diesel for the sixth consecutive week, while those of the gasolines go for their second rise, for the week of October 24 to 30.
Santo Domingo, Oct 23 (Latin Press) Dominican Minister of Finance and Economy, Magín Díaz, today acknowledged that subsidies to contain the rise in fuel pressure public finances, although he said the government will continue to assume that cost. The post Fuel subsidies put pressure on Dominican public finances first appeared on Noticias Prensa Latina.
The Ministry of Industry, Commerce and Mipymes (MICM) reported that the Dominican Government allocated RD$1.6 billion in subsidies to keep essential fuels frozen during the week of October 24-30, 2026, despite the rise in international prices, both oil crude and its refined products. [...]
SANTO DOMINGO.- The Dominican government ordered the spending of RD$1.6 billion in subsidies to keep the prices of the most consumed fuels frozen during the week of October 24-30, 2026, according to the Ministry of Industry, Commerce and Mipymes (MICM). With this new allocation, the cumulative investment of the State for [...]
The Ministry of Finance and Public Credit (SHCP) maintained the tax stimulus of 100% to IEPS for diesel, while cutting subsidies applied to Magna and Premium gasolines for the week of October 24-30, 2026.
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