Government of Guatemala considers lifting import duties
According to Romulo Caballeros, Minister of the Economy, the price of imported goods is one of the topics that concerns the Government.
Friday, August 29, 2008
The official said besides offering products which enter the country with zero duty, they will also take up the task of checking the prices which, he reaffirmed, should stabilize or go down.
More basic products were added to the list of good for which the import tariff is eliminated so as to try to slow down a little the rate of inflation.
The Ministry of Finance has extended the deadline for the imports of duty free wheat flour until Dec 31.
The Ministry of Economy proposed the elimination of the 5% tariff on imports of wheat flour.
Tariff-free project for energy efficient products being discussed in the Cabinet.
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