Displaying items by tag: Treasury
Treasury launches call for proposals for Human Capital Formation Program 2024
Students and professionals interested in improving and applying their knowledge in Tax and Customs matters may now apply to the new edition of the Human Capital Training Program 2024, which is run by the Ministry of Finance.
Assembly approves that Treasury may subscribe a loan with the BIRF for up to US$150 million
In an ordinary plenary session, the deputies approved a loan agreement for up to US$150 million, signed with the Banco Internacional de Reconstrucción y Fomento, BIRF in order to execute El Salvador's Resilient Transportation and Infrastructure project.
Treasury indicates that US$1.3 billion will be paid at maturity and US$1.5 billion will be restructured under ABANSA proposal
In the interview Frente a Frente, Minister of Finance, Jerson Posada, detailed that the total short term debt amounts to US$2.8 billion; and although he assured that this debt will always be paid, he explained that US$1.5 billion will be included in the restructuring of terms offered by ABANSA (Asociación Bancaria Salvadoreña).
Treasury and the DGII continue to carry out operations to combat tax evasion
The Ministerio de Hacienda, through the Dirección General de Impuestos Internos (DGII), continues to develop actions to combat tax evasion throughout the salvadoran territory.
Treasury approved to manage credit to carry out liability management operations
The deputies of the Treasury Commission issued a favorable opinion regarding the approval of the "Special Law that authorizes the execution of liability management operations for the conversion of short term debt to medium and long term debt".
Treasury and CABEI will soon launch first US$50 and US$70 million bonds
The Minister of Finance, Alejandro Zelaya, said in an interview that a few months ago El Salvador won the seat of the Regional Debt Market where it will integrate the stock exchanges of the other countries.
Treasury reports US$3.114 billion in tax collections as of may 28th
The minister of Finance, Alejandro Zelaya said this morning in a morning interview that the institution has achieved the tax goals at the level of Income and Value Added Tax (VAT) revenues, only up to may 28, 2023, US$3,114 million have been registered.
Tax collection has exceeded 10% more than projected: Treasury
The minister of Finance, Alejandro Zelaya, tax collection has been on the right track; up to april 18, tax revenues have behaved as the institution had planned within the budget.
Treasury inaugurated modern facilities at the Land Customs Anguiatú, Santa Ana
The Ministerio de Hacienda and the Dirección General de Aduanas inaugurated the new and modern facilities of the Land Customs Anguiatú, in Santa Ana, which will streamline customs processes, foreign trade and migration flow with countries in the region.
Treasury has recovered US$800 million with the Anti-evasion Plan by 2022
The Anti-evasion Plan is the main strategy oriented to improve the revenue level in a progressive manner, where each taxpayer fulfills its responsibility according to the law and its capabilities.