Peruvian President Keiko Fujimori announced a targeted temporary fuel subsidy ranging between 15% and 20% for the diesel prices affecting cargo and passenger transporters, including mototaxi and river transport workers. The emergency measure, announced on Friday, August 14, in Lima, was instituted in response to ongoing protests in the Peruvian Amazon and a sustained surge in fuel costs that pushed prices past 24 soles per galon across various regions of the country.
The government's intervention aims to de-escalate regional unrest and alleviate the economic pressure on transport operators facing severe inflationary burdens. The tiered relief effort specifically targets vulnerable sectors heavily reliant on diesel, seeking to stabilize regional supply chains and restore order following demonstrations in the Amazonian provinces.
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