The National Government confirmed that the price of gasoline in Colombia will have a reduction of $500 starting in February.

According to the Ministry of Finance, this decision was made thanks to a favorable situation in the exchange rate and the decline in international crude oil prices, which allows the Fuel Price Stabilization Fund (FEPC) to not be affected.

The administration’s objective is for this measure to function as a relief from inflation, compensating society for the reality of the global market.

The Minister of Finance was emphatic in pointing out that greater reductions are expected in the coming months.

“The gaps that had opened between international prices and the domestic price allow us to make these decisions that will have a positive impact”stated the official, who also criticized the Bank of the Republic for raising interest rates, ensuring that lowering fuel is a much more effective measure against inflation than the issuer’s decisions.

However, not everything is celebration at service stations. While gasoline is falling, the Government has already implemented Decree 1428 of 2025 to dismantle the diesel subsidy (ACPM).

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This increase will be gradual but forceful, especially for private, official and diplomatic vehicles, who will see increases that could exceed $3,000 per gallon in a period of six months.

The State’s goal is to eliminate what they consider inefficient subsidies to prioritize investment in infrastructure and social spending, although the distributors’ union (Comce) warns that the exact amounts per city are pending definition.

This scenario generates an economic duality: on the one hand, a respite for those who tank with current to mitigate inflation in daily transportation; and on the other, a financial pressure for the vehicle fleet that uses ACPM.

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