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According to Sergio Cabrales, an expert in Colombia’s mining and energy sector, consumers in the country might be overpaying for each gallon of regular gasoline due to recent dynamics in the international market.

The Federation of Cargo Transport Entrepreneurs (Fedetranscarga) opposed the government’s proposition to increase the diesel for major consumers.

The Ministry of Finance (MinHacienda), in collaboration with the Ministry of Mines and Energy (MinEnergia), has a draft decree aimed at hiking the diesel price but only for big companies.

At the fourth technical meeting with the government, the Intra-association Transport Chamber – UNIDOS (representing cargo, passenger, and dump truck transporters) presented its proposal for determining the price of diesel in Colombia.

The provisional passage of vehicles on the Cusiana road, Los Grillos sector, between Sogamoso (Boyacá) and Aguazul (Casanare), will be enabled in the third week of December, announced the director of the National Institute of Roads (Invías), Mercedes Elena Gómez Villamarín.

The cost of gasoline is taking its toll on households, impacting the purchasing power of Colombians. In response to the growing impact on consumers, a proposed bill was submitted to the House of Representatives aiming to eliminate national taxes and VAT on gasoline.

A new legislative proposal has been submitted to the House of Representatives, aiming to eradicate the taxes imposed on gasoline and diesel in Colombia.

In Colombia, the escalating price of gasoline has emerged as a critical point of contention in discussions concerning the future trajectory of President Petro’s macroeconomic policies.

Amid revelations that the President of Ecopetrol Ricardo Roa aims to modify the company’s statutes to gain access to the board of directors, there has been a growing discussion within the Colombian Congress.

The government is set to engage in discussions with cargo and passenger transport unions concerning the diesel price adjustment.