Tag: fuel price

Ministry of Finance announces revision of the formula to calculate the price of gasoline

Ministry of Finance announces revision of the formula to calculate the price of gasoline

Also, he added, the gasoline rate has local and state taxes, which make up more than 40% of the final price. “We will have to see at any moment if we change a tax,” he added. “In the short term, we remain dependent on what is imported for gasoline and what is refined in Colombia. […]

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