Reduce to 20 percent the 40 percent tariff rate on soft drinks established by Presidential Decree Nr. 96.
At P1R4,  in the Memorandum of Economic and Financial Policies (MEFP) of January 28, 2008, Fund staff and the authorities reached an understanding that this measure would be made a structural performance criterion for the seventh disbursement. At P1R5, in the Memorandum of Economic and Financial Policies (MEFP) of March 4, 2009, Fund staff and the authorities reached an understanding to cancel this measure as a performance criterion, while noting that the authorities remain committed to simplifying the trade regime by reducing the tariff on soft drinks from 40 percent to 20 percent.