Salvadoran President Nayib Bukele's Threats Against Price Gougers
Salvadoran President Nayib Bukele threatens to use heavy-handed tactics against price gougers similar to his crackdown on street gangs. He has rounded up tens of thousands of suspected gang members since 2022 and now threatens wholesalers and distributors for recent price increases on basic goods.
Key Points
- Bukele threatens wholesalers and distributors for recent price increases
- Emergency powers used to fight gangs may not allow for arresting price gougers
- Government plans to set up sales points for fair price distribution
Pros
- Crackdown on gangs has made El Salvador one of Latin America's safest countries
- Threats against price gougers may lead to fairer prices for citizens
Cons
- Threats of heavy-handed tactics against price gougers raise concerns about abuse of power
- Arbitrary arrests of suspected gang members raise human rights issues