Displaying items by tag: increase

According to the International Air Transport Association (IATA), by 2023, total airline revenues could increase to an estimated 93% of the pre-pandemic level, driven by a recovery in passenger traffic.

The Ad Hoc Commission issued favorable opinions to the Law for the creation of the del Instituto Salvadoreño de Pensiones (ISP) and the Special Law for the Issuance of Pension Obligations Certificates and Dissolution of the Fideicomiso de Obligaciones Previsionales (FOP).

The Economic Commission for Latin America and the Caribbean (ECLAC), the Food and Agriculture Organization of the United Nations (FAO) and the World Food Program through a statement released that in Latin America food inflation has accelerated more than general inflation since 2020.

In a context of weak economic recovery, Latin America and the Caribbean received US$142 million in Foreign Direct Investment (IED) in 2021, 40.7% more than in 2020, but this growth was not enough to reach pre-pandemic levels, the Economic Commission for Latin America and the Caribbean (ECLAC) reported today through a press release that reports the main conclusions of the annual report Foreign Direct Investment in Latin America and the Caribbean 2022.

According to the recent study "3rd Country Situation Report 2022" by Universidad Francisco Gavidia (UFG), there is a strong increase in the price of the basic food basket, especially in rural areas.

During the first five months of this year, more than 7,000 people managed to get a formal job in the private sector. An average of 1,400 per month, thanks to the favorable conditions and stable climate perceived in El Salvador.

The Ministry of Finance (MH) indicated that the collection of Income Tax (ISR) accumulated US$1,909.7 million in the period from january to july 2022.

Danilo Pérez, director of the Centro para la Defensa del Consumidor (CDC), informed this morning that the products to make french bread or sweet bread have increased, in the case of vegetable butter, the 50 pound box in may 2021 cost US$26 and as of july of this year it is at US$55.50, that is an increase of 113%.

Tax revenues exceeded expectations in the first semester of the year showing a growth of US$581.9 million with respect to 2021, according to the latest report from the Ministry of Finance.

The Cámara de Comercio e Industria de El Salvador (Camarasal), explained that total credits, as of may 2022, presented an increase of 8.5% compared to the same month of the previous year, and particularly those destined to the productive sector grew 49.5% for the same period.