Panama government reduces fuel prices in face of protests
This article is a summary of reporting by France 24. Originally published July 12, 2022.
Facing sustained nationwide protests, Panamanian President Laurentino Cortizo announced that gasoline prices for private vehicles would be lowered to $3.95 per gallon, alongside price freezes on key food staples. Demonstrators had blocked parts of the Inter-American Highway and clashed with police in Panama City, demanding relief from rising fuel prices and general inflation. Trade unions initially dismissed partial concessions, insisting on broader reductions below $3 per gallon.
AI Summary
President Laurentino Cortizo announced cuts to gasoline prices and price freezes on basic goods following intense protests across Panama.
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