Mexico City — Mexico’s Finance Ministry (SHCP) announced Friday the updated fuel subsidy percentages and amounts for the week of June 20-26, reducing support for regular gasoline and diesel while keeping Premium gasoline at zero subsidy.
The fiscal stimulus percentages for fuels, published in the Official Gazette of the Federation (DOF), are as follows:
- Regular gasoline (Magna): 9.89%
- Premium gasoline: 0.00%
- Diesel: 20.89%
In peso terms, the federal government’s subsidy per liter for the period is:
- Regular gasoline: 0.6626 pesos
- Premium gasoline: 0.0000 pesos
- Diesel: 1.5382 pesos
Compared to the previous week, the subsidy for regular gasoline dropped from 15.22% to 9.89%. Premium remained at 0%, and diesel support fell sharply from 39.10% to 20.89%.
The government provides these subsidies by reducing or eliminating the Special Tax on Production and Services (IEPS). The aim is to shield consumers from international oil price increases, not only at the pump but also to prevent higher transportation costs for basic goods.
The adjustments are based on decrees published in the DOF.
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