Macroeconomy/Finance

Electricity consumption subsidy reaches $ 25.5 mn

The Electricity and Nuclear Energy Control Authority stated that during the month of April a total discount of Bs 177.8 million ($25.5 mn) was made to 2.6 million homes in the country. The State plans to invest Bs 490 million ($70.4 mn) for this economic relief measure for the population, though will extend it for the months of May and June, according to data from the Ministry of Economy.

Source: El Deber