Increase in gasoline prices in Ecuador sparks concern and reactions in society

The government of Ecuador recently announced an increase in the price of gasoline that will come into effect at the end of June, generating concern and reactions in various sectors of Ecuadorian society. The measure, which will represent an almost 11% hike in the cost of fuel, aims to reduce state subsidies and align with the international reality of oil prices, as explained by the Deputy Minister of Economy, Ana Cristina Avilés. This increase in the price of gasoline, which will affect both types of 85 octane fuels, has been presented as a necessary measure to balance the public finances and reduce the fiscal deficit in the country. However, the news has raised concerns among different sectors of society, especially among transporters and consumers who will see a direct impact on their daily expenses. The announcement by the Ecuadorian government has revived the controversy surrounding the elimination of fuel subsidies, a measure that in the past has sparked strong protests led by the indigenous movement. Conaie, the main indigenous organization in the country, has historically been one of the most critical voices against attempts to reduce subsidies, warning that these measures directly affect the most vulnerable sectors of society. The decision to increase the price of gasoline has also raised suspicions about the conditions imposed by international organizations such as the International Monetary Fund (IMF), which recently approved a new credit for Ecuador. Despite the government's denial, various social organizations argue that the elimination of subsidies is part of the conditions imposed by the international financial institution. The president of Conaie, Leonidas Iza, has expressed his rejection of this measure and has warned of possible popular reactions in response to the rise in fuel prices. Uncertainty and tension persist in Ecuador's political and social environment as the date approaches for the increase in gasoline prices to take effect. Amidst this scenario, it is essential for the Ecuadorian government to ensure transparency in the management of these resources and seek mechanisms to mitigate the negative impact of these measures on the most vulnerable sectors of society. Effective communication with the citizens and dialogue with the different sectors involved will be key to avoiding conflicts and building consensus around these economic decisions. In a context of economic and social uncertainty, it is necessary for Ecuadorian authorities to prioritize the well-being of the population and seek alternatives that promote sustainable and equitable development in the country. The implementation of public policies that guarantee the protection of citizens' rights, especially of the most vulnerable sectors, will be fundamental to build a fairer and more supportive society in Ecuador.