Panama protests continue despite fuel and food price cuts - News Summed Up

Panama protests continue despite fuel and food price cuts


A protester sprays fire during a march against the high cost of food and fuel in Panama City. Photo: ROGELIO FIGUEROA / AFPSource: AFPThousands of Panamanians took to the street again on Tuesday to protest rising inflation and government corruption, despite the announcement of price cuts for fuel and some food products. He also announced that his government would draft a decree to freeze the prices of a dozen essential food products. But several unions say that protests will continue until there is a general reduction in prices and gasoline rates drop below $3 per gallon. In Ecuador, 18 days of mass protests against high fuel prices last month cost the country over $1 billion, according to its central bank.


Source: Daily Nation July 13, 2022 04:54 UTC



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