18/06/2024 23:01 (UTC)

Ecuador to reduce gasoline subsidies by the end of June without fully freeing prices

Quito, Jun 18 (EFE).- The Ecuadorian government announced Tuesday that it will reduce subsidies on the most consumed gasoline from the end of this month, but will not completely free prices, which will continue to have a stabilization mechanism in the event of abrupt fluctuations in oil prices.

Footage from the press conference: 00:00-00:55. Camera: Juan Francisco Chavez.

Archival footage of gas stations: 00:55-01:57.

Metadata

Date: 18/06/2024 22:58 (UTC)
Source: EFE
Topic: Economy, business and finance
Type: Rough cut
Duration: 117 seconds
Reference: 7001374431
Relevance: Normal