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Displaying items by tag: increase
Increase in fuel prices
The Dirección General de Energía, Hidrocarburos y Minas (DGEHM) shared the new reference fuel prices, which will be in effect from february 20 to march 4. Prices will increase between US$0.11 and US$0.15.
Prices of products and services increased between december 2023 and january 2024
According to the Banco Central Reserva (BCR), several food products have increased their prices, so the costs of the basic food basket have been affected between december 2023 and january 2024, so the salvadoran population is acquiring food at higher prices.
Superintendencia del Sistema Financiero reports 4.6% increase in bank savings
According to data from the Superintendencia del Sistema Financiero, savings continued to increase during the first month of the year.
El Salvador increased its solar energy generation capacity by 160 times
The Organización Latinoamericana de Energía (Olade), El Salvador has experienced a 160-fold increase in its solar energy generation capacity from 2015 to last year, making a significant transformation towards energy self-sufficiency.
IDB approves $84 million to El Salvador to improve trade and increase port efficiency
The Inter-American Development Bank (IDB) approved an $84 million loan to accelerate El Salvador's international insertion in world trade by reducing trade costs, improving trade facilitation, and increasing port efficiency.
CEPA registers 20% increase in cargo movement at El Salvador airport
Through social networks the Comisión Ejecutiva Portuaria Autónoma (CEPA) confirmed a 20% increase in cargo movement at El Salvador's airport.
Increases in withholding sent by the Pension System
The Ministry of Labor and Social Security announced that many employers, including municipalities, pay the legal withholding to the Instituto Salvadoreño del Seguro Social (ISSS), but did not send the withholding of the Social Security System, affecting any retirement process to workers.
World GDP would grow 20% by closing the gender gap, according to World Bank report
The World Bank reports that closing the gender gap in employment could increase gross domestic product (GDP) per capita in the long run by an average of nearly 20% across all countries.
SSF report shows 4.3% increase in savings accounts
The report of the Superintendencia del Sistema Financiero (SSF) indicates that, up to december 31, 2023, savings accounts in the banking sector show an increase of 4.3%, compared to the same date in 2022.
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