Bus fares in Guatemala City to be frozen for five months

Bus companies and authorities in Guatemala City agreed on a five-month freeze in bus fares, to the relief of the traveling public.

Thursday, May 22, 2008

Buses will continue to charge a one quetzal (14 US cents) fare, Deputy Transport Minister Lucrecia Ruiz said after a meeting with bus company leaders, who called of their threat of a strike beginning May 30.
The companies had said earlier that they were prepared to do without the government's subsidy in exchange for raising fares to five quetzals (70 US cents).

More on this topic

Electricity Rates up 41% in Nicaragua

June 2011

Different agents in the Nicaraguan economy have expressed their complaints and concerns over the impact that the increase decreed by the government will have.

Commenting on the rate increase, unprecedented in the country's history, the economist Cirilo Otero said that its impact will be felt in the economy, "This increase of 41.8% will be passed on to the end consumer and cause a chain reaction, because when consumers can not purchase goods and services, companies will go bankrupt. "

Electricity rate to increase 25% in Costa Rica

January 2009

Starting next month consumers of the Compania Nacional de Fuerza y Luz (CNFL) electric company will pay 25% more for the service

Nacion.com reports: "Said company, which is owned by the ICE, covers a little more than half of the country's population.

This rate increase was approved by the Regulatory Authority of Public Services (Aresep) and the company was notified yesterday."

Electricity rates to rise in Panama

June 2008

The cost to businesses of turning on the lights will go up by between 0.2 and 2.4 hundredths of a cent per kilowatt hour.

Panama's Chamber of Commerce, Industry and Agriculture estimates that this could convert into an increase of up to 10 percent in electrical bills for its members.

Panama to increase electricity rates by 10%

June 2008

The Government of Panama has authorized a 10 percent increase in electricity rates. The new rate could come into effect as early as July, depending on the consumption of electricity by Panamanians.

The Panamanians will have to face a new increase in their light bills because not only will they pay for fuel clause that appears on their light invoices, they will also pay another 10 percent in direct billing.

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