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Food prices increased according to UFG survey
Written by Karla Gutiérrez
In a recent survey conducted by the Universidad Fráncico Gavidia titled: “Estudio de humor social y político” where the economic situation of salvadorans is reflected, it can be observed that the cost of living and food have increased, and economic income is very low.
Treasury Department registers 65% of all income tax returns so far
Written by Karla Gutiérrez
The general director of Internal Taxes, Marvin Sorto, said during a television interview that to date 65% of the total income tax returns expected for the 2023 period have been filed.
Representatives of Industrias San Miguel, a peruvian company in the beverage and food sector, has turned its attention to El Salvador to expand its operations.
Congress authorized incorporating US$40 million to MAG
Written by Karla Gutiérrez
The deputies of the Legislative Assembly approved, with 63 votes, reforms to the Budget Law 2024 to incorporate US$40 million to the Agriculture and Livestock branch, so it can have the resources and thus continue the delivery of agricultural packages.
El Salvador has received US$486.8 million in Foreign Direct Investment (FDI)
Written by Denis Muñoz
The Investment and Export Promotion Agency of El Salvador (Invest in El Salvador) has shared through its social networks that in the last year, the country has received US$486.8 million in Foreign Direct Investment (FDI).
The Executive President of the Central American Bank for Economic Integration (CABEI), Gisela Sánchez, together with CABEI Director for El Salvador, Alejandro Zelaya, began a mission to San Salvador on monday.
IMF: Inflation in El Salvador is expected to reach 1.7 points by 2024 and 2025
Written by Denis Muñoz
The International Monetary Fund, in its latest update of data regarding world inflation, places El Salvador in an inflationary decrease of 1.7 points, being the lowest in Central America.
The economic cycle is a set of economic phenomena that occur in each time or period, further divided into four phases depending on which stage, upward or downward, the economy is in.
The FAO Food Price Index stood at 118.3 points, down 1.3 points (down 1.1%) from its revised february level, as increases in the price indices for vegetable oils, dairy products and meat virtually offset declines in the price indices for sugar and cereals.