Government will continue to absorb the impact of international liquefied gas prices

In order to prevent external factors from raising the price that Salvadorans pay for the propane gas cylinder, with 60 votes, the Legislative Assembly extended, until May 31, 2026, the Special and Transitional Law for the Stabilization of the Prices of Liquefied Petroleum Gas. The measure will benefit [...] The post Legislative Assembly endorses the request of the Executive to continue providing subsidy to the gas appeared first on Diario Digita…

Día a Día News El Salvador—With the goal of avoiding high propane gas prices due to external factors, the Legislative Assembly approved with 60 votes the extension for another year of the Special and Transitory Law for the Stabilization of Liquefied Petroleum Gas Prices. This regulation, which was scheduled to expire on May 31, 2025, will remain in effect until May 31, 2026. This measure will allow more than 80% of the Salvadoran population to c…

On Tuesday, May 13, the Legislative Assembly extended the "Special and Transitional Law for the Stabilization of the Prices of Liquefied Petroleum Gas" which subsidizes the purchase of gas cylinders by paying packaging companies for price variations until May 31, 2026. With the decree, President Nayib Bukele’s Government seeks to maintain stable sales prices to the consumer of gas cylinders: that of 10 pounds, to $4.61; that of 20 pounds, to $8.…

On Tuesday, the Legislative Assembly approved an extension to the "Special and Transitional Law for the Stabilization of the Prices of Liquefied Petroleum Gas", valid until May 31, 2026. The regulation allows the State to absorb the impact of variations in the international prices of hydrocarbons through transfers to the Liquefied Petroleum Gas (LPG) packaging companies. The mechanism, implemented since 2021, aims to keep sales prices to the fin…