Propane gasoline subsidy in impact till 2025 – 2024-06-30 06:08:48

by times news cr

2024-06-30 06:08:48

After a publication in an opposition newspaper stating that the gasoline subsidy profit had been withdrawn from the beneficiaries, the Ministry of Finance launched a press release denying stated publication.

The propane gasoline subsidy that advantages 1.2 million Salvadoran households stays in drive, it was prolonged till 2025, in response to a legislative decree authorized by the outgoing Legislative Meeting on Might 22, on the request of the
President of the Republic, Nayib Bukele.

This extension got here into drive on June 1, with the aim of counteracting the fixed worldwide fluctuation within the worth of hydrocarbons, which instantly impacts the value of liquefied petroleum gasoline (LPG).

“With a purpose to proceed benefiting the economic system of Salvadoran households, it’s applicable to increase the consequences of stated fiscal measure, contained within the aforementioned legislative decree.
761, till Might 31, 2025,” states the movement endorsed by Congress.

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