DistantNews
Support us
๐Ÿ‡น๐Ÿ‡ผ Taiwan /Sports

Ecuador cuts beer prices by 20% during World Cup

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

News Sources not specified New plan
  • Ecuador temporarily suspended a special consumption tax on alcoholic beverages during the World Cup.
  • This measure, enacted by President Daniel Noboa, reduces beer prices by at least 20% until July 20.
  • The initiative aims to boost national team support, stimulate consumption, and aid businesses like bars and restaurants.

Ecuadorian fans are enjoying a special discount on beer and other alcoholic beverages during the 2026 FIFA World Cup, thanks to a temporary suspension of the special consumption tax. President Daniel Noboa announced the measure, which took effect on June 11 and will last until July 20, coinciding with the tournament's duration.

This way, beer prices will drop by more than 20%.

โ€” Daniel NoboaPresident Noboa's statement on the impact of the tax suspension on beer prices.

The price reduction is significant, with beer and other mid-priced alcoholic drinks seeing a drop of at least 20%. This initiative is part of a broader effort to rally national support for the Ecuadorian team, which is participating in its fifth World Cup. The government hopes this will not only encourage citizens to follow the team but also stimulate economic activity during the event.

President Noboa expressed confidence in the national team's potential to advance further in the tournament. He stated that suspending the tax aims to support the team and energize the economy through increased consumption and entertainment during the World Cup period. The government believes that with everyone's attention focused on football, this measure will contribute positively to the national mood and economic climate.

Everyone's attention is focused on football during the World Cup.

โ€” Daniel NoboaPresident Noboa's reasoning for implementing the tax break during the tournament.

Officials highlighted that the primary goal is to increase public engagement with the World Cup by encouraging spending. This, in turn, is expected to benefit small businesses in the hospitality sector, such as bars, restaurants, and related service industries. By leveraging the increased foot traffic and consumer interest generated by the tournament, these businesses are anticipated to see a rise in profits.

I believe the national team has the ability to go further!

โ€” Daniel NoboaPresident Noboa's expression of confidence in Ecuador's World Cup performance.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.