El Salvador Waives Tariffs on Basic Foods to Tackle Inflation

In an impactful decision, the Legislative Assembly of El Salvador approved a ten-year tariff waiver on essential food items and agricultural supplies. President Nayib Bukele launched this initiative to reduce living costs and promote long-term food security. Consequently, over 70 food products, including rice, sugar, and various oils, plus vital agricultural resources like fertilizers, will […]