Finance minister Alejandro Zelaya inaugurated the new El Amatillo Land Customs Office in Pasaquina, La Unión, a work that will boost regional trade and allow the constant flow of means of transportation thanks to the integration of the different institutions involved in the border process.

The deputies of the Economy Commission issued a favorable opinion to reform the Commercial Registry Law with the purpose of continuing modernizing the services that public institutions provide to salvadorans, through the use of new technologies.

The deputies of the Municipal Affairs Committee approved a favorable opinion to make 45 amendments to the General Tax Law, with the purpose of improving tax collection in the 262 municipalities of the country. This money will subsequently be invested in works that will benefit the population.

Monday, 07 November 2022 00:00

Five economic tips to face an economic recession

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Emergency Funds: Almost no one has an emergency fund. If something drastic were to happen right now, do you have a way to get money as soon as possible? Saving your resources will help you weather the effects of a recession on your wealth. It is recommended to build an emergency fund of at least 12 months.

The Instituto Salvadoreño del Seguro Social (ISSS) indicated in its october report that "as of september 2022, 79,160 new workers have been enrolled". These are people who join the formal market for the first time and begin to contribute to social security.

A space for sustainable agriculture and agrifood systems in the Americas will showcase the key role of the agricultural sector in climate solutions and global food security, while at the same time highlighting the contributions of producers and other actors in the sector to climate change adaptation and mitigation.

The Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL), laid the first stone for the construction of the first photovoltaic generation plant of the State "Talnique Solar" in La Libertad.

According to the Organización Mundial de Turismo (OMT), El Salvador is one of the 16 countries in the world that has already surpassed international tourism revenues compared to pre-pandemic levels.

The Superintendencia del Sistema Financiero (SSF), reported that the stability of the banking sector is reflected in the growth of savings account balances, which, as of october 27, 2022, registered a 12% inter-annual growth compared to the last period.