By Andrea Hargraves 
The price of diesel will drop by seven cents per liter next Monday, according to forecasts from the Ministry of Finance issued on Friday. Gasoline rises cents.
As of Monday, the average selling price of diesel to the public is expected to fall by 6.8 cents, according to the ministry. Divergence forecasts for May 16 are different in the case of gasoline, which should be one cent more expensive.
These values have already been calculated based on the ISP reduction implemented by the government on the second day. Next week, “ISP unit rates will remain unchanged, while maintaining the application of discounts currently in effect”. , confirms Fernando City Department.
In this way, the ministry adds, the global easing of the tax burden on fuel through the two measures in place – the ISP’s weekly review mechanism in place since October and the reduction of unit rates of this tax to the equivalent of the 13% value-added tax rate in effect since May – will continue “To a total of 21.5 cents per liter of diesel fuel and 22.5 cents per liter of gasoline.”
The government said that the internet service provider’s update mechanism, which ensures the return of extraordinary value-added tax revenue whenever prices rise, will be reviewed next Friday, May 20.