Government proposes to set up National Markets Authority for the regular administration of markets and commercial premises

The Legislative Assembly received a proposal from the Executive Branch to create the National Markets Directorate, an institution that would assume the administration of markets and commercial establishments located in plazas, parks, and other public spaces that have been intervened by the government. The initiative seeks to centralize administrative and financial control of these spaces, removing from the municipalities their current authority …

President Nayib Bukele, through the Minister of Economy, María Luisa Hayem, sent to the Legislative Assembly on 1 April the draft “Law on the creation of the Directorate of National and Commercial Markets located in Public Spaces”, with this initiative seeking to establish the legal framework governing the functioning and powers of the institution that will be responsible for the administration of markets and premises at national level. The law …