The Defensoría del Consumidor (DC), has recovered more than US$73 million in favor of 390,000 consumers and maintains the commitment acquired since 2019, to protect the welfare of the population in different edges such as security and family economy.

Tuesday, 06 June 2023 00:05

World food prices down 2.6% in may 2023

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According to the Food and Agriculture Organization of the United Nations (FAO), the food price index averaged 124.3 points in may 2023 down 2.6% from april and 22.1% below the all-time high it reached in march 2022.

The Ministerio de Economía (MINEC) has implemented strategies that have allowed the country to recover, in record time, after the various shocks that have affected the world and have impacted the nation, including the COVID-19 and the inflationary crisis, achieving sustained growth of the salvadoran economy.

The Dirección General de Energía, Hidrocarburos y Minas (DGEHM), informs salvadorans that the prices of Liquefied Petroleum Gas (LPG), for the month of June 2023 show a reduction of between US$0.30 and US$0.07.

The minister of Finance, Alejandro Zelaya, announced the implementation of phase 4 and new actions of the Anti-evasion Plan and the Anti-smuggling Plan in the eastern part of the country, which seeks to reinforce the presence of the fiscal control force in the area, carrying out more inspections and verifications of businesses, ensuring that they comply with all established regulations.

Energy generation in the country now has a greater contribution from renewable sources, thanks to the determination of the Central Government.

The increase in formal employment is among the most outstanding achievements. Data from the Instituto Salvadoreño del Seguro Social (ISSS) indicate that there are 962,575 workers registered on the payroll. This number had not been observed before and shows how the employer sector is interested in betting on the country.

The Central Government continues to work so that the national economy continues to grow, and it does so through various aspects, including attracting investments that generate new jobs, the implementation of public policies that facilitate trade and support for local companies, including emerging technology companies (startups).

Deputies of the Economy Commission continued with the study of the Law for the Agencia de Promoción de Inversiones y Exportaciones de El Salvador (INVEST), a regulation with which certain government institutions seek to access new markets, export and manufacturing destinations.