El Salvador’s Congress freezes fuel prices

"The objective of the regulation is to establish a mechanism with distributors or importers so that the Government assumes the increase in the price of fuels", informed the legislative body.

RIO DE JANEIRO, BRAZIL - On April 5, the Legislative Assembly of El Salvador approved a law to freeze fuel prices during April and May, given the rising cost of fuel and the high inflation faced by the country due to the world economic crisis.

"The objective of the regulation is to establish a . . .

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