President Gustavo Petro announced that truckers have reached a deal with the government to lift their blockade, addressing concerns over the end of diesel fuel subsidies.
Truckers argued that the removal of fuel subsidies would devastate their businesses, leading to fears about food and supply shortages in Colombia’s metropolitan areas.
Petro emphasized the subsidy phase-out is necessary to address a widening budget deficit, reclaiming funding for education and healthcare amid the protests.
A gradual implementation of a slightly lower increase in fuel costs will occur by year-end, as agreed upon in the resolution to the truckers' strike.
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