Government and producers have agreed to amend the Fiscal Equity Act to reduce the costs of food production.
Representatives of the Higher Council of the Private Enterprise (COSEP) and the government met to discuss ways to alleviate the increase in food prices, caused especially by the rise in electrical energy costs.
An article in Prensa.com.ni reports that, "according to Bayardo Arce, presidential adviser for economic affairs, a reform ot the Tax Equity Act must be presented to the President of the Republic ‘urgently’ so that it can be sent to the National Assembly, looking to get it approved in an expeditious way. Arce said the partial tax reform seeks especially to curb the rise of two cordobas per liter of milk, but it also aims to alleviate some problems faced by the rice and poultry sectors. "
español
6004
