The Superintendencia del Sistema Financiero (SSF), informed that the soundness of the banking sector is reflected in the inter-annual growth of the amounts registered in savings accounts, which from september 2021 to september 22 of the same month of this year, reflects an increase of US$688.2 million.

Tuesday, 27 September 2022 21:30

Domestic food price inflation remains high worldwide

Written by

According to the World Bank, data collected between may and august 2022 indicate high inflation in almost all low- and middle-income countries; 93.3% of low-income countries, 90.9% of lower-middle-income countries, and 93% of upper-middle-income countries have recorded inflation levels above 5%, with many experiencing double-digit inflation.

According to Bloomberg Linea magazine, explains that oil is headed for another week of losses as the world's central banks raise their interest rates to quell inflation. If this is indeed the case, it would be the longest weekly losing streak of the year.

The minister of Finance, Alejandro Zelaya, informed through his twitter account that the early purchase operation has been completed, the payment of the US$565.6 million in bonds, which El Salvador repurchased, has been deposited to the bondholders according to the terms of the invitation.

Friday, 23 September 2022 00:44

Producer price index as of august 2022 was 127.83

Written by

The Índice General de Precios al Productor (IPP) for august 2022 was 127.83 and the monthly variation was 0.30%, compared to July of this year. The price increase was higher for information and telecommunications activities; artistic, entertainment, and recreational activities; and manufacturing industry.

According to a report provided by the Banco Central de Reserva de El Salvador (BCR) of the total remittances received from january to august 2022, US$47 million have been destined to invest in business or purchase of personal property for businesses, which reflects an increase of 45%.

In 12 months, the airline has inaugurated 6 routes to Central America, Mexico and the United States.

Wednesday, 14 September 2022 21:15

29 families benefited with funds to build their homes

Written by

Michelle Sol, minister of Housing and Juan Alberto Ortiz, President of the Instituto Administrador de los Beneficios de los Veteranos y Excombatientes (INABVE), delivered contributions to more salvadoran families for the construction of their homes.

The method of working with new technologies is advancing not only in the private sector, but also in the government.