Ramón Pérez Fermín, Vice Minister of Domestic Trade, announced on Friday that the recent fluctuations in the price of WTI crude oil have led the government of President Luis Abinader to maintain its solidarity commitment and empathy with citizens. To respond to this, an extraordinary subsidy of RD$565.7 million pesos has been assigned this week.
Pérez Fermín clarified that despite the global price increase, the impact on the wallets of Dominican citizens will not be up to the indications of the international market. “The government of President Luis Abinader will fully absorb the increase in the internal price of fuel this week to protect Dominicans from its effects. This allows us to stay on our path to prosperity and continued growth as a nation. In essence, our government is dedicated to the collective well-being, with special attention to safeguarding the most vulnerable.
He highlighted that this week the government is subsidizing Regular Gasoline at RD$36.70 a gallon, Premium Diesel at RD$27.20, Optimum Diesel at RD$48.38, and Regular Diesel at RD$47.26. He emphasized that this measure means more than a simple economic effort: it demonstrates the government’s commitment to guarantee stability and peace for the people of the Dominican Republic.