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Honduras uses mobile stores to fight speculation

Tuesday, January 14, 2014

The Honduran government is deploying mobile stores selling basic goods in a bid to crack down on speculation by companies in the wake of an increase in business taxes meant to narrow the country’s deficit.

The government said today that 20 mobile stores will travel through the capital, Tegucigalpa, and the northwest city of San Pedro Sula selling goods including flour, beans, rice, sugar and soap to the country’s poorest citizens.

“This is meant to stop and contain abuses inflicted by some businesses through their price speculation of basic goods,” according to the statement.

Source: Businessweek