The National Government began a series of meetings with representatives of the transportation sector in order to discuss adjustments in the ACPM price, seeking strategies that mitigate the effects that these modifications could have on the logistics chain and the cost of living in 2024.
The main objective of the dialogues between the parties is to develop a plan that counteracts the economic consequences derived from variations in fuel costs, key in transportation logistics.
These measures seek to preserve price stability and mitigate the impact on citizens’ daily spending.
As part of these efforts, various proposals are being studied that could be implemented to avoid a significant increase in the price of essential goods and services. However, it has not yet been specifically detailed what tactics or changes will be adopted.
“This is a component that we must monitor and watch so that we do not get triggered, but it effectively shows that in a global component, gasoline does not weigh what public commentators say. The real term is 1.9 inflation. That is how much gasoline weighs,” said Bonilla.
The current situation invites us to closely follow the development of these negotiations and the possible agreements that may arise. By directly affecting vital sectors of the economy, any change in the price of ACPM is of great relevance to transporters and end consumers. The results of these conversations will be known as government discussions progress.
Minister Bonilla, who is responsible for monitoring fuel prices, warned about the need for careful monitoring to avoid disproportionate increases in gasoline prices. He stated that the popular belief about the impact of gasoline on inflation is overstated. Likewise, it was anticipated that the adjustments in ACPM prices will be minor compared to those of diesel for 2023.
The head of the Treasury portfolio highlighted the progress to reduce the debt with the Fuel Price Stabilization Fund (Fepc), which has gone from 9,000 to 16,000 million so far this year. These actions have contributed to a significant decrease in the fund’s debt, as initial expectations of two price increases have been reduced to just one, thanks to the stabilization of international oil prices and the exchange rate.
“Last year we thought that two increases were missing. With the change in international oil prices, and with the exchange rate stabilized at ($4,000), only one will be missing, in the month of January and with that it stabilizes, the gasoline price gap closes, and from now on , gasoline must remain floating),” said the minister.
The national government has held meetings with representatives of the transportation sector to discuss and socialize the proposed changes in the ACPM price. These conversations seek to find alternatives to mitigate the impact of any adjustment on the logistics chain and, consequently, on the cost of living by 2024.
For his part, the Minister of Mines and Energy, Andrés Camacho, indicated in an interview with Noticias Caracol that: “At the moment there is no decision on increases in diesel fuel. Other financing alternatives have been studied, to review the mixtures, to review the formula and all of this is part of the technical work that is being done to guarantee that the pockets of Colombians are not affected.”
And he added that: “And especially they say that it has important impacts on food, on public transportation, so serious work is being done there by the Ministry of Finance and with the participation of the other ministries to achieve the best solution. But at the moment there is no decision nor is there any announcement of an increase.”
The government’s vision is oriented towards stabilization and prevention of excessive fluctuations in the fuel market so as not to make the inflationary burden heavier on the economy. With Infobae
