Displaying items by tag: investment

The family economy is based on three main activities: consumption, savings and investment. To achieve healthy finances it is necessary to balance these three aspects, so that we spend appropriately and save funds to plan for the future.

The Ministry of Finance launched the Electronic Invoicing System, a tool that will facilitate the payment of tax obligations to taxpayers and a better control over tax evasion through digital technology, putting El Salvador at the forefront of efforts in the region to modernize tax systems.

El Salvador will receive US$1 billion from the Central American Bank for Economic Integration (CABEI) for investment in logistics infrastructure with social and economic impact.

The minister of Public Works, Romeo Rodríguez Herrera, reported on the progress that has been made in the process of construction of the Surf City route, La Libertad, from El Obispo beach to El Zonte beach, 23 kilometers long, which includes a series of works for the economic and tourist development of the area.

The Governments of El Salvador and Italy are joining forces to support coffee growing in El Salvador, therefore, today launched the Vivicafé Project: "Increasing the Added Value and Valorization of Coffee from El Salvador", which will have an investment of more than US$5 million, financed by the Italian Agency for Development Cooperation, thanks to the management of the Agency of El Salvador for International Cooperation.

The Stock Exchange of El Salvador, which is celebrating its 30th anniversary, provides a variety of investment and financing options. It is also committed to training and education, through multiple activities that provide knowledge about the capital market to the population.

According to a report provided by the Banco Central de Reserva de El Salvador (BCR) of the total remittances received from january to august 2022, US$47 million have been destined to invest in business or purchase of personal property for businesses, which reflects an increase of 45%.

The corporation is committed to innovation, technology and job creation to promote economic growth in the region as part of its commitment to the countries where it operates.

With an initial investment plan of US$280 million that includes the deployment of the new 5G Ready network, Movistar is positioned as a leader in the market reaching more than 95% of population coverage and increasing up to 10 times the speed and connection of its customers nationwide.

Senior officials from governments and international organizations, along with representatives from the private sector, development and commercial banks, and multilateral and bilateral cooperation partners, will participate in the Roundtable on Climate Finance and Energy Transition in Latin America and the Caribbean, to be held on september 1-2 at the United Nations Economic Commission for Latin America and the Caribbean (ECLAC) headquarters in Santiago, Chile.