El Salvador introduces fuel subsidy of $0.20 per gallon to locals who

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:

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