Fuel dispatchers seek solutions from the Executive Power to be able to compete with the prices of Argentina.
The border service stations are complaining to the authorities of the Executive power a reduction of the Internal Specific Tax (imesi) of up to 40% in the price of fuels to be able to compete with those of Argentina.
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At present, the government maintains a reduction of the 30% of Imesi for the service stations located in a radius no greater than 20 kilometers from the border crossings. However, the difference in prices with Argentina, and to a lesser extent Brazilhas been enough for thousands of Uruguayans residing in border departments to make the decision to load fuel outside the country.


As a consequence of this, the sale of fuel collapsed 24% yoy during the first fortnight of January, according to data from the state company Ancap, whose board of directors would not take a dim view of this new requested Imesi reduction. However, the final resolution belongs to the Ministry of Economy and Finance (MEF).
The government will keep fuel prices frozen in April
The government decided to maintain the freeze on fuel prices in April. There will only be one setting 0.20 pesos in the cost structure from what was agreed with the distributors in the middle of this month, but “on this occasion” it will be absorbed by Ancap.
In this way, the Super 95 naphtha continues in the 71.89 pesos per liter, while the Diesel 50S will remain in the 56.99 pesos per liter as the maximum price at the pumps.
The measure of the Executive Power was taken based on the report of the Regulatory Unit of Energy and Water Services (Ursea). “The decision was adopted after the international reference established through the Import Parity Price (PPI) will not register significant variations with respect to the previous month for the main fuels for domestic use”, they explained from the government.
Source: Ambito