And while fuel prices increase in Belize, in neighboring countries including Mexico prices are declining. In January the price for gasoline and diesel will decline in Mexico as a result of energy reform scheme and fuel prices approved by the Congress
The price of Magna gasoline will be down 41 cents per liter, while the premium will see a decrease of 40 cents, and diesel will see a 43 cents decrease in accordance with market conditions.
In addition, the tax on automotive fuels (STPS) will be a fixed amount per liter of fuel, which is the way it is set in most countries and serves to promote competition and avoid the creation subsidies relapsing.
The approval scheme applied in the cities of the northern border, which prevents there is a sustained difference in fuel prices between Mexico and the United States.
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