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CABEI talks with the Republic of China (Taiwan) to promote development in Central America
Written by Evelyn Alas
This monday, the Executive President of the Central American Bank for Economic Integration (CABEI), Dr. Dante Mossi, together with an official delegation of the Bank, held important meetings with authorities of its extra-regional partner country, the Republic of China (Taiwan), in order to promote the Central American region and strengthen business, investment and development cooperation relations.
Ministry of Finance obtains US$200 million loan to mitigate fuel price hikes
Written by Evelyn Alas
Authorities of the Central American Bank for Economic Integration (CABEI) and the Ministry of Finance (MH) signed a loan agreement for US$200 million to support El Salvador in implementing the necessary measures to reduce the impact of fuel price increases on the pockets of salvadorans.
Salvadorans will continue to pay US$11.13 for their 25 lb. gas cylinder in august
Written by Evelyn Alas
The Ministerio de Economía (MINEC), informs that for the month of august propane gas prices will remain the same.
Salvadoran coffee sold at US$72.20 per pound in international competition
Written by Evelyn Alas
Coffee from "Finca El Conacaste" achieved a price of US$72.20 per pound in the Electronic Auction of Winning Coffees of the Cup of Excellence El Salvador 2022 Contest, thus becoming the "Third highest price" in the 19 years that the event has been held.
Salvadoran coffee sold at US$72.20 per pound in international competition
Written by Evelyn Alas
Coffee from "Finca El Conacaste" achieved a price of US$72.20 per pound in the Electronic Auction of Winning Coffees of the Cup of Excellence El Salvador 2022 Contest, thus becoming the "Third highest price" in the 19 years that the event has been held.
US$560 million to negotiate the sale of debt 2023-2025
Written by Evelyn Alas
The minister of Finance, Alejandro Zelaya said in a morning interview that with the US$560 million that the Special Drawing Rights from the International Monetary Fund (IMF) and the bond signed with the Central American Bank for Economic Integration (CABEI), they will start negotiating with bondholders who wish to sell the 2023-2025 debt which amounts to US$1,600 million.
Latin America with better growth prospects than the United States and Europe
Written by Evelyn Alas
According to this month's report from the International Monetary Fund (IMF), the faltering recovery of 2021 has been followed by an increasingly dismal evolution in 2022, due to the risks that began to materialize, such as inflation, rising rates, the war in Ukraine, COVID 19, among others.
Groundbreaking for Pacific Airport to take place this year
Written by Evelyn Alas
The Pacific Airport, which will propel the eastern zone towards a development pole of El Salvador, is getting closer every day, since the feasibility study was recently completed by a Korean consortium, informed the President of the Comisión Ejecutiva Portuaria Autónoma (CEPA), Federico Anliker.
1.8 million salvadorans and foreigners have traveled through the national airport terminal
Written by Evelyn Alas
From january 1st to july 17th, 2022, Aeropuerto Internacional de El Salvador San Óscar Arnulfo Romero y Galdámez has handled 1.8 million travelers entering and leaving the country.