El Salvador continues to implement the eleven measures against world inflation, an initiative by the government of President Nayib Bukele, for which it continues to be the country with the lowest prices for the basic food basket in Central America.
The Consumer Protection Office continues to verify the prices of different products in markets, supermarkets, and wholesale stores to avoid unjustified increases.
On the other hand, the General Directorate of Internal Taxes (DGII) of the Ministry of Finance was deployed this morning to the cereal distributor El Viajero to carry out inspections.
This verification is carried out by reviewing import and sale prices, inventory, and invoices.
According to the authorities, the fines for businesses that present unjustified price increases can be fined up to 500 times the minimum wage.
As part of the economic measures against world inflation, there is the exemption from taxes of products such as oils, sugar, flour, milk, onions, chilies, potatoes, bananas, cabbage, tomatoes, oranges, wheat in cereal, among others.
“The economic stability of the population is of vital importance to the government of President Nayibbukele. To ensure that there are no undue charges on the products of the basic basket, the Consumer Protection Office carries out daily inspections” the authorities stated.
The government of El Salvador continues to work to safeguard the pockets of the population against world inflation through actions that allow the prices of daily consumption products to be kept stable.