{"id":473601,"date":"2025-06-30T21:44:39","date_gmt":"2025-07-01T01:44:39","guid":{"rendered":"https:\/\/deultimominuto.net\/en\/uncategorized\/government-defends-partial-lpg-increase-and-highlights-historic-subsidies\/"},"modified":"2025-06-30T21:44:39","modified_gmt":"2025-07-01T01:44:39","slug":"government-defends-partial-lpg-increase-and-highlights-historic-subsidies","status":"publish","type":"post","link":"https:\/\/deultimominuto.com\/en\/economy\/government-defends-partial-lpg-increase-and-highlights-historic-subsidies\/","title":{"rendered":"Government defends partial LPG increase and highlights historic subsidies"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Santo Domingo, DR<\/strong> \u2013 This Monday, in the space \u201cLa Semanal con la prensa\u201d, the Minister of <strong>Industry, Commerce and Mipymes, V\u00edctor &#8220;Ito&#8221; Bison\u00f3<\/strong>, and President Luis Abinader explained the reasons behind the recent adjustment to the price of <strong>liquefied petroleum gas (LPG)<\/strong>, product of the increase in the <strong>ad\u2011valorem<\/strong> tax applied to fuels.<\/p>\n\n\nBison\u00f3 recalled that said tribute was raised from <strong>13% to 16% in 2012<\/strong>, which increases the cost structure of fuels.\n\n\n<p class=\"wp-block-paragraph\"><strong>You may be interested in:<\/strong> <a href=\"https:\/\/ab.deultimominuto.net\/economia\/glp-y-gasoil-suben-hasta-rd4-60\/\" data-type=\"post\" data-id=\"495420\" target=\"_blank\" rel=\"noopener\">LPG and diesel rise up to RD$4.60<\/a><\/p>\n\n\nHowever, he emphasized that the Government has decided not to fully pass on this expense to consumers, assuming a large part of it with public funds.\n\n\n<p class=\"wp-block-paragraph\"><strong>\u201cOn this occasion we had to pass some of the cost on to consumers, as has happened before,\u201d<\/strong> admitted the minister, referring to the increase of <strong>RD$4.60 per gallon<\/strong>, although he clarified that the State continues to subsidize <strong>RD$11.95 per gallon<\/strong>, thus protecting Dominican households.<\/p>\n\n\nSupporting this measure, President Abinader assured that the volume of <strong>subsidies is unprecedented<\/strong>. In the last five years, the administration has allocated more than <strong>RD$84\u202f000 million<\/strong> to keep fuel prices stable, including <strong>RD$4\u202f500 million<\/strong> just to LPG so far this year.\n\n&#8220;No government had made the subsidies that we have made,&#8221; he affirmed with emphasis.\n\nAccording to authorities, these efforts seek to cushion the fluctuations in international oil prices, mainly since March 2007, and prevent families and public transport from suffering a greater impact.","protected":false},"excerpt":{"rendered":"<p>Santo Domingo, DR \u2013 This Monday, in the space \u201cLa Semanal con la prensa\u201d, the Minister of Industry, Commerce and Mipymes, V\u00edctor &#8220;Ito&#8221; Bison\u00f3,\u2026<\/p>\n","protected":false},"author":4,"featured_media":473602,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_dum_aida_pretitle":"","_dum_aida_subtitle":"","_dum_aida_city":"","_dum_aida_author":"","_dum_aida_caption":"","_dum_aida_captionauthor":"","_dum_aida_quote":"","_dum_aida_breakdowntitle":"","_dum_aida_breakdowntext":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","_members_access_role":[],"_members_access_error":""},"categories":[4],"tags":[41115,40708],"class_list":["post-473601","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-economy","tag-fuel","tag-lpg"],"acf":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/phj1q1-1ZcJ","jetpack_featured_media_url":"https:\/\/deultimominuto.com\/en\/wp-content\/uploads\/sites\/2\/2025\/06\/WhatsApp-Image-2025-06-30-at-7.47.51-PM.jpeg","dum_api":{"author_name":"Redacci\u00f3n De \u00daltimo Minuto","author_image":"https:\/\/deultimominuto.com\/wp-content\/uploads\/2025\/02\/cropped-logo-de-ultimo-minuto-96x96.png","categories_name":["Economy"],"featured_media_url":"https:\/\/cdn.deultimominuto.com\/en\/wp-content\/uploads\/sites\/2\/2025\/06\/WhatsApp-Image-2025-06-30-at-7.47.51-PM.jpeg"},"_links":{"self":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/473601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/comments?post=473601"}],"version-history":[{"count":0,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/posts\/473601\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/media\/473602"}],"wp:attachment":[{"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/media?parent=473601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/categories?post=473601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/deultimominuto.com\/en\/wp-json\/wp\/v2\/tags?post=473601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}