NewsWhore
03-21-2011, 03:10 PM
During a Saturday meeting at the Presidential Palace, government officials told passenger and freight transporters that they would introduce fuel subsidies so that fuel price increases are not passed on to consumers. The subsidies will be financed by discounting 10% of the authorized tax exemption to exporters and large industrial manufacturers that receive tax-exempt fuel. The unionized transporters will benefit from RD$30 million gallons of diesel, as reported in Diario Libre. Also meeting with them was the president of the Chamber of Deputies, Abel Martinez. President Fernandez is expected to issue the decree shortly. In response, the transport leaders have called off a 24-hour work stoppage that they had planned for today, Monday.
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