NewzThe Colombian government is evaluating potential adjustments to fuel prices as the rising international cost of gasoline increases the deficit of the Fuel Price Stabilization Fund (Fepc). The reference price for regular gasoline in the country's 13 major cities has reached $15,886 per gallon, placing significant pressure on national accounts. Officials are currently seeking strategies to manage these fiscal challenges while attempting to avoid inflationary impacts on the broader economy.
In a separate regional context, consumers in Lima, Peru, are facing daily fluctuations in fuel costs. As prices change, motorists are encouraged to monitor local service station rates to identify the most cost-effective options for gasoline and diesel, reflecting a broader trend of price sensitivity across South American markets.
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