Nicaragua Announces $44 Million Subsidy for Transportation Companies

©image: eric molina

After negotiating with transportation companies, the government agreed to pay for $0.35 of each gallon of regular fuel and $0.40 of each gallon of diesel. The measure will apply to taxis and inter-urban, inter-municipal and sea transportation companies.

President Daniel Ortega “unveiled special ‘intelligent’ cards, which will be used by transportation companies to pay for cheaper fuel at gas stations”.

Source: laprensa.com.ni

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