But in the publication of the Official Gazette of the Federation this Friday, the Ministry of Finance announced that this complementary stimulus will be less and will be as follows: 1.32 pesos for each liter of magna; 0.76 pesos per liter of premium and 2.78 per liter of diesel.
On Thursday, President Andrés Manuel López Obrador asked gasoline distributors – beneficiaries of said additional or complementary stimulus – not to increase fuel prices in an “unjustified” manner. And he asked that the stimulus be reflected in the final price for consumers.
The reduction in the complementary fiscal stimulus, however, could also be related to the reduction in international gasoline prices. These are subject to the international price of crude oil, which, given the prospect of a recession, has fallen in recent weeks.
In addition, the demand for fuel in the United States fell last week, from 9.41 million barrels per day to 8.06 barrels per day. Despite the conflict in Ukraine and the limitation of Russian fuel exports, it continues to reduce global supply and, with it, push prices up.
so far this year, The Treasury has renounced about 1.8 billion pesos for fiscal stimuli including gasoline.
