Colombia fuel subsidy gap tops $1tn pesos monthly as ACPM frozen

Colombia's freeze on ACPM diesel prices below international parity is costing the state over one trillion pesos per month, according to El Espectador. The subsidy burden is rising as global fuel prices diverge from domestic caps, straining fiscal accounts. The government faces a policy dilemma: maintain the subsidy to curb inflation and social unrest, or adjust prices to reduce the deficit.

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