El Salvador introduces fuel subsidy of $0.20 per gallon to locals who
© Reuters.
Salvadoran president Nayib Bukele has announced that local consumers can enjoy a $0.20 per gallon reduction in petrol prices when paying using the government-backed wallet, Chivo.
Describing the news as “positive news for the pockets of Salvadorans,” the president announced the subsidy via Twitter (NYSE:) on Sept. 30. According to a rough translation, Bukele stated:
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
Read More: El Salvador introduces fuel subsidy of $0.20 per gallon to locals who