Displaying items by tag: EL SALVADOR

The presidential commissioner for Strategic Projects, Cristian Flores expressed that the country has a positive relationship with private companies and investors.

According to industry specialist firm Forward Keys, El Salvador was the most visited destination in Latin America during the first quarter of 2022.  This is measured by flights: both bookings and those that have already been made.

The minister of Finance, Alejandro Zelaya, signed a US$100 million retroactive financing agreement with the Banco Internacional de Reconstrucción y Fomento (BIRF), an institution of the World Bank Group through its new representative in El Salvador, Carine Clert.

The President of the Banco Central de Reserva BCR), Douglas Rodriguez, affirmed in a morning interview that El Salvador is one of the countries in the Central American region that has an inflation rate of 7.5%.

Kash continues to innovate in the region and now offers the possibility of making transfers throughout the national territory, using WhatsApp. Kash is the only P2P application of its kind in the area that uses the WhatsApp platform to communicate with end users and be able to make transfers through the Kash app.

With the aim of continuing to put technology at the service of the safety of the community that uses the Uber app on a daily basis, and in view of the celebration of the Micro, Small and Medium Enterprises Day (MiPYMES) on june 27, Uber announced a new security tool for users and those who use this product to verify shipments through Uber Flash or Flash Moto.

As part of the commemoration of the 10th anniversary of the signing and entry into force of the Association Agreement between the European Union (EU) and Central America, El Salvador obtained the denomination of origin for the premium coffee brands Cacahuatique, Tecapa Chinameca, Chichontepec, Alotepec Metapán and Bálsamo Quezaltepec.

In order to achieve the goal of reducing the Quantitative Housing Deficit in the Republic of El Salvador by 4.1% through the Programa de Vivienda y Vida Digna (PROVIDA) executed by the Fondo Social para la Vivienda (FSV), el Banco Centroamericano de Integración Económica (BCIE) made a third disbursement of US$10 million of the total amount of US$50 million, totaling US$29 million to date.

The Central American Bank for Economic Integration (CABEI), forecasts a positive evolution for the coming months in the case of foreign trade and employment generation.

Family remittances sent to El Salvador from abroad totaled US$701.8 million in may 2022, accumulating US$3,145.9 million in the first five months of the year, with a growth of 3.9% equivalent to US$117.9 million more than in the same period of the previous year.