Tuesday 28 June 2022

Gas Price Hike Approved, Effective in April

Paying the bills

Latest

Pandemic generated the loss of 25 million jobs in Latin America

Q24N (EFE) The covid-19 pandemic generated the loss of...

What you should know about the visa to enter Europe from 2023

Q TRAVEL - Citizens of at least 60 countries...

Costa Rica presents its national tourism plan

QCOSTARICA - With three major objectives for the growth...

Most institutions in Costa Rica do not have cybersecurity personnel

QCOSTARICA - Most public institutions in Costa Rica do...

How to throw the perfect party for your friends: tips from Royal Craft Wood

Whether you're celebrating a birthday, anniversary, or just getting...

Luis Guillermo Solís: “Nicaragua should have been expelled from SICA”

Q REPORTS (Confidencial) Eight former Costa Rican presidents –...

A million people attended the Diversity March In San Jose

QCOSTARICA - Organizers of the 'Pride Costa Rica' calculate...

Dollar Exchange

¢685.75 Buy

¢693.59 small> Sell

28 June 2022 - At The Banks - BCCR

Paying the bills

Share

Costa Rica would have competitive prices at regional level, "if not for the taxes on fuel paid by the final consumer are loaded", says the ARESEP.
Costa Rica would have competitive prices at regional level, “if not for the taxes on fuel paid by the final consumer are loaded”, says the ARESEP.

QCOSTARICA – The historical drop of more than ¢100 colones in gasoline prices will soon come to an end, the Autoridad Reguladora de Servicios Publicos (ARESEP) – regulating authority, on Tuesday approving an increase of between ¢13 and ¢22 colones per litre, that will take effect sometime next week.

The change is due to variations in international prices for finished gasoline and diesel products, says the regulating authority.

Some time next week, the price of a litre of regular gasoline will increase from the current ¢424 to ¢446, super gasoline will increase from ¢445 to ¢463 and diesel will go from ¢345 to ¢358.

- Advertisement -

Natural gas prices and other fuels will also increase, according to the Aresep.

With the increase, to fille a 45 litre tank of super gasoline will cost ¢990 colones more, for example.

In trying to put a positive spin on the increase, in a press release, the ARESEP said that even with the approved increase, Costa Rica would have competitive prices at regional level, “if not for the taxes on fuel paid by the final consumer are loaded”.

In the case of super gasoline the tax represents 53% of the final price; for regular gasoline 52%; and 39% in the case of diesel.

Gasoline prices in Costa Rica are fixed by the ARESEP; approved prices have to appear in the official government publication, La Gaceta within five working days of approval, and take effect the day following the publication.

- Advertisement -
Paying the bills
Ricohttp://www.theqmedia.com
"Rico" is the crazy mind behind the Q media websites, a series of online magazines where everything is Q! In these times of new normal, stay at home. Stay safe. Stay healthy.

Related Articles

Pandemic generated the loss of 25 million jobs in Latin America

Q24N (EFE) The covid-19 pandemic generated the loss of 25 million...

What you should know about the visa to enter Europe from 2023

Q TRAVEL - Citizens of at least 60 countries traveling to...

Subscribe to our stories

To be updated with all the latest news, offers and special announcements.