El Salvador abolishes statistics agency
Central bank will absorb body that calculates inflation
The Legislative Assembly of El Salvador voted on August 9 to dissolve the country’s statistical agency and transfer its functions to the Central Reserve Bank.
The government says the goal of the law is “modernising” the government’s statistical apparatus. It will come into effect 120 days after the government publishes the text in the country’s official gazette.
The law makes the central bank responsible for compiling the consumer and producer price indexes. The central bank will also take
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