Displaying items by tag: Legislative Assembly
Legislative Assembly reforms the procedural part of the Labor Code
With the purpose of streamlining and simplifying the labor processes that are processed in a judicial manner, last february 8, 2023 the deputies of the Legislative Assembly of El Salvador approved with 69 votes the reform of a series of articles of the Fourth Book of the Labor Code that contains its Procedural Part. Among the reforms are the following:
Seeking to shorten labor lawsuit times with amounts of up to US$1,095
With 69 votes, the deputies of the Legislative Assembly reformed articles 378 and 425 of the Labor Code, with the purpose of speeding up and simplifying the processes in the Labor Courts. For this purpose, the amount of money required to have access to the jurisdiction will be increased.
Financial Commission will soon present a new law on "Check Truncation"
The President of the Financial Commission and deputy of the Legislative Assembly, Dania González, expressed this morning that soon they will be announcing to the legislative plenary the sixth act of financial justice to the population.
General State Budget 2023 was presented today and amounts to US$8,902 million
The minister of Finance, Alejandro Zelaya, delivered to the President of the Legislative Assembly, Ernesto Castro, the 2023 General State Budget Bill and the Salaries Law, which amounts to US$8,902.7 million.
BH is the fastest growing bank in the country
The President of Banco Hipotecario de El Salvador (BH), Celina Padilla, presented a report to the Finance Committee of the Legislative Assembly detailing all the support the institution has given to the Salvadoran population in the last 3 years.
General Budget 2023 to be known this month, social, economic and the gap will be the challenges
Every september, the Ministry of Finance must present the draft of the General Budget of the Nation for next year.
Extension of economic measures goes into effect
Today, the extension of the economic measures to face the global inflation, promoted by the central government, came into effect with the objective of helping the pockets of salvadoran families.
Fuel prices to remain unchanged until august 31st
Ministerio de Economía (MINEC), informs that fuel prices will remain fixed for another three months until august 31, 2022.
Ministry of Finance requests extension to keep fuel prices fixed until august
Today, the Minister of Finance, Alejandro Zelaya, submitted a request for an extension to the Legislative Assembly to maintain fixed fuel prices until august 31, 2022.
Pension reform to take place in october
Yesterday it was announced on national TV that in mid-october a list of reforms to the Ley del Sistema de Ahorro de Pensiones will be presented to the Legislative Assembly, so that salvadorans can enjoy a decent pension.
