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US$50, US$100 and US$150 will be the possible new costs for traffic fines in the country
Written by Evelyn Alas
The Ministerio de Obras Públicas (MOP), submitted to the Legislative Assembly a decree containing reforms to the Law of Land Transportation, Transit and Road Safety; which has the purpose of regulating new infractions to the law, technological procedural mechanisms for its determined accreditation.
MINEC participated in the World Economic Forum 2023 "Accelerating the Digital Transition"
Written by Evelyn Alas
The minister of Economy, María Luisa Hayem, was at the annual meeting of the World Economic Forum WEF2023, along with international investors and economists, contributing to the conversations on actions to achieve global economic development in the future, which is inclusive and sustainable.
Lodging and food services suffered price increases of 0.27% as of december 2022
Written by Evelyn Alas
The Banco Central de Reserva (BCR), shows in its macroeconomic data that the Producer Price Index (PPI), for december 2022 was 128.78 with a monthly variation of 0.27% resulting from the increase in prices in eight of the thirteen sections that comprise the main indicator, accommodation and services activities.
Region's economy to grow 1% in 2023, according to Moody's Analytics
Written by Evelyn Alas
Moody's Analytics, a subsidiary of the risk rating agency, in the presentation of its macroeconomic outlook report for the region this year.
Employment rate to grow 1% in 2023 due to economic slowdown
Written by Evelyn Alas
According to the report of the International Labor Organization (ILO), "World Employment and Social Outlook: Trends 2023", the employment generated in 2023 will only be enough to "compensate" the growth of the working age population in the region.
According to the Superintendencia General de Electricidad y Telecomunicaciones (SIGET) announced that the average prices of electric energy continue to experience stability for the next three months.
After enjoying a well-deserved vacation, it is time to go back to school and, consequently, to buy uniforms, shoes and school supplies, so it is important to allocate a budget for these purchases so your family economy is not affected.
Until january 31, goods may be brought into the country tax free
Written by Evelyn Alas
The Dirección General de Aduanas (DGA), informs salvadorans residing abroad or foreign visitors that the tax exoneration of up to US$3 thousand for new goods will be in effect until january 31, 2023, benefiting thousands of salvadorans arriving to the country.
World food prices down 1.9% in december 2022
Written by Evelyn Alas
The world food price index fell for the ninth consecutive month in december 2022, decreasing 1.9% from the previous month, the Food and Agriculture Organization of the United Nations (FAO) reported.