14OCT22- #Ecuador Government and indigenous organizations have reached an agreement about fuel subsidies- "Today was the last formal day of the 90-day dialogue between the government and the indigenous organizations.

Although there are no agreements about all topics, today they announced that they have an agreement about fuel subsidies.

Gasoline and diesel subsidies- Not everyone will be eligible for gasoline and diesel subsidies anymore.

If one or more of the following cases apply to you, you won't be eligible for gasoline and diesel subsidies anymore:

You are the owner of a truck with a cylinder capacity larger than 3001 CC.

You are the owner of an SUV with a cylinder capacity larger than 2.401 CC.

You are the owner of another type of car with a cylinder capacity larger than 2.201 CC.

You are the owner of a motorcycle with a cylinder capacity larger than 301 CC.

You are the owner of three or more vehicles.
You have an annual income of USD 41.603 or larger.

The agreement needs to be converted into new legislation. The government and the government will continue their dialogue to discuss the technical details.

It's not yet known when these new rules will come into effect.

Gas subsidies-
The subsidies for gas for domestic use won't be changed....." -

https://www.primicias.ec/noticias/economia/salario-subsidio-combustibles-precio-real/?fbclid=IwAR0KnJ23eyxYYOZgqtcXLQp-qZrQqy-Mwd-z2DbaBgxtVXf6KURGVhUoDLs