Guatemala’s government is finalizing a fuel subsidy proposal to be unveiled this Friday, July 24th. The plan originates from a technical team comprised of representatives from the Ministries of Energy and Mines, Finance, and Economy, alongside the Superintendency of Tax Administration. Details currently indicate the subsidy will be targeted, or segmented, meaning it won’t be universally applied. This suggests the aid will be directed towards specific groups or sectors most affected by rising fuel costs. The government aims to mitigate the economic impact of high fuel prices through this intervention. Further details regarding eligibility and the scope of the subsidy are expected to be released with the official announcement. The initiative seeks to balance economic pressures with providing relief to citizens.

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