Ministers Sanz Lovatón and Díaz to Discuss Global Crisis Impact on Fuel Prices

The ministers of Industry and Finance will explain how the global crisis is affecting fuel and the spending on anti-crisis measures so far in 2026.
Key points
- The forum "Nueva Realidad: República Dominicana frente al impacto global en los combustibles" takes place this Wednesday, November 4, at 8:30 a.m. at a hotel in Santo Domingo.
- According to the Ministry of Industry, Commerce and MSMEs, the weekly subsidy averaged RD$106.54 per gallon of regular diesel and RD$108.07 per gallon of premium diesel in October.
- According to the data provided, anti-crisis measures have cost RD$43,324 million so far in 2026.
Dominican Minister of Industry, Commerce and MSMEs Yayo Sanz Lovatón and Minister of Finance and Economy Magín Díaz will take part this Wednesday in a forum on the effects of the global crisis on fuel in the Dominican Republic. The event is titled "Nueva Realidad: República Dominicana frente al impacto global en los combustibles."
According to the Ministry of Industry, Commerce and MSMEs, the officials will explain how the international crisis has affected the country and what measures the government has taken during 2026. The institution says the goal is for the public to understand in detail how subsidies have been budgeted, as part of an exercise in fiscal transparency.
The meeting will be held at 8:30 a.m. At a hotel in Santo Domingo. A panel will be moderated by Aníbal de Castro, director of Diario Libre. Economist and mathematician Jaime Aristy Escuder and Grupo Rica president Pedro Brache will also participate.
According to the Ministry's data, the weekly subsidy averaged RD$106.54 per gallon of regular diesel and RD$108.07 per gallon of premium diesel in October. In some weeks, the amount exceeded RD$120 per gallon.
According to the data provided, anti-crisis measures have cost RD$43,324 million in 2026.
Why it matters
Fuel subsidies are paid from public funds, and the forum aims to explain how they have been managed. Diesel prices also affect the cost of living for Dominican families.
With additional reporting from: El Nuevo Diario