New Ideas: No new taxes

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By LatAm Reports Staff Writers

Rep. Christian Guevara, faction leader of New Ideas, says the bitter medicine Nayib Bukele spoke of is not new taxes.

TheDeputy Christian Guevara, faction chief of New Ideas promised that they will not approve new taxes or increase existing ones, rejecting the possibility that these measures may be the bitter medicine of which theSalvadoran president Nayib Bukele The day of his second inauguration of the government.

Is that bitter medicine isn’t that. There are no new taxes, no way I ask for it half the world out there, not here,There aren’t going to be new taxes, nor are we going to increase those that are already“They’s things like Josua Natan Vaquiz’s things,” said the deputy on the program.

Guevara said the current government would have earned an income of $1.5 billion if it had maintained the Special Contribution for Citizen Security and Coexistence (CESC) that was repealed from November 2021.

What if we left it right now in these five years, $2.5 billion, but it’s not gonna happen. “There are not going to be new taxes,” he said.

In the budget of the Ministry of Finance for 2018, the projected collection of CESC amounted to $51.2 million and the Special Contribution of the Great Contribunts amounted to $69.5 million.

On June 1, Bukele reported thatfocus on improving the economyfrom El Salvador but probably a bitter medicine will be required. In his speech, Bukele swore to his followers to give himunconditional support without complaintsNo hesitation.

Economic experts consulted by El Mundo believethe president’s main economic challenges for the next five-year periodwill be the attraction of foreign investment, the facilitation of procedures, legal certainty, a relentless war on poverty and the elaboration of an economic plan by resolving the fiscal problems of the State without undermining the pension fund.

The Vice President of the Republic, Felix Ulloa, asserted to a Russian information channelEl Salvador has almost closed an agreement with the International Monetary Fund (IMF) by overcoming observations on bitcoin.

This article has been translated after first appearing in Diario El Mundo