The Ministry of Housing is working on programs to support families, who can now legalize their land with the support of the State; and those who are in high-risk areas, will be offered an alternative.

A Spanish media outlet reported that supply chains and manufacturers are beginning to suffer the consequences of the spread of Omicron in China.

In its annual report Preliminary Overview of the Economies 2021, the Economic Commission for Latin America and the Caribbean (ECLAC), highlights that 2022 will be a year of great challenges for growth, employment generation and facing the social costs of the pandemic.

The Economic Commission for Latin America and the Caribbean (ECLAC) presented a series of calculations on how the countries that make up the region will close 2021, measured by Gross Domestic Product (GDP).

The Asociación Salvadoreña de Industriales (ASI), presented the fourth quarterly report of economic and regulatory performance of 2021, indicated that growth will be 4.2% for the current year 2022.

The head of the Ministry of Agriculture and Livestock (MAG) assured the livestock sector that the Central Government is working with them to support them and put an end to unfair competition.

The Ministry of Economy (MINEC), informs salvadorans about the new variations in fuel prices that will be in effect from january 11 to 24, 2022, premium gasoline, regular and diesel will increase US$0.14 and US$0.12.

El Salvador will chair the 12th Assembly of the International Renewable Energy Agency (IRENA). More than 160 countries will participate in this event, including major world powers.

Monday, 10 January 2022 01:53

How to face economic crises?

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An economic crisis has great and diverse effects on several aspects of a country's economy. For example, money can become more expensive, the exchange rate can become vulnerable or bank interest rates can become destabilized. It is also possible that financing may slow down, inflation may increase the prices of products and services, unemployment may rise and wages may stagnate.

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