Hunduras announces measures to limit luxury imports
President José Manuel Zelaya has announced "drastic" measures to discourage the importation of luxury items.
Monday, June 16, 2008
Speaking at the 49th assembly of "Citizen Power" in Puerto Cortes, Zelaya said Saturday that despite the economic situation the nation faces, his is the only government that has given municipalities more than five percent of the national budget. That way, mayors can repond to citizen requests for projects without needing to apply new taxes.
In ten years increased amounts of income has changed the buying habits of Costa Ricans, who are spending proportionately less on food and more on education, health and entertainment.
Greater purchasing power and a growing middle class have led to an increase in the purchase of goods in the premium brand range to the detriment of basic commodities.
The controversy over a shipment of rice which arrived in Honduras has forced president Lobo to demand more transparent rules on grain imports.
Guatemalan President Alvaro Colom announced the abolition of import tariffs on basic foods to help the poor.
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