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Eugene

(61,900 posts)
Tue Jul 12, 2022, 02:01 PM Jul 2022

Panama president reduces petrol prices following protests

Source: BBC

Panama president reduces petrol prices following protests

By Vanessa Buschschlüter
BBC News

12 July 2022

Panama's President Laurentino Cortizo has announced a reduction in petrol prices.

The cost of fuel for private vehicles will be lowered to $3.95 (£3.34) per gallon from Friday, a 24% drop from the price at the end of June.

The announcement came after a eight consecutive days of protests.

Demonstrators say that they want the government to do more to curb inflation after the cost of food, medicine and electricity, as well as fuel, shot up.

-snip-

Read more: https://www.bbc.com/news/world-latin-america-62120055


The most recent wave of protests started at the beginning of July and has been spreading (EPA)

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