Commission approves up to US$179 million loan to renovate 1,500 buses
Written by Karla GutiérrezThe deputies of the Finance Committee approved a favorable opinion to sign a loan agreement with Yutong for up to US$179 million.
CAF supports urban mobility programs in El Salvador to improve urban transportation and boost economic growth
Written by Karla GutiérrezDuring his visit to El Salvador, CAF Executive President Sergio Díaz-Granados, together with Finance minister Jerson Posada, signed a $75 million loan that will be used to strengthen the government's urban mobility plans.
Treasury Department has reported 211 cases of alleged tax evasion to the FGR
Written by Karla GutiérrezDuring a television interview, the General Director of Internal Taxes, Marvin Sorto, informed that the Ministry of Finance has reported 211 cases of alleged tax evasion before the Fiscalía General de la República (FGR), which are equivalent to US$195 million.
Ministry of Finance has managed to reduce the tax evasion gap by more than US$1.6 billion
Written by Karla GutiérrezThis morning the Director of Internal Taxes, Marvin Sorto, informed that the Anti-evasion Plan implemented by the Ministry of Finance in El Salvador has reduced the tax evasion gap by more than US$1,600 million.
ANDA and CAF sign cooperation agreement for two important water supply and sanitation programs
Written by Karla GutiérrezThe Development Bank of Latin America and the Caribbean (CAF) will invest US$75 million for the execution of the Environmental Improvement, Drinking Water and Sanitation Program in the Upper Basin of the Lempa River (Trifinio) and the Port of La Libertad in El Salvador, for which a cooperation agreement has been signed with the Administración Nacional de Acueductos y Alcantarillados (ANDA).
Reducing spending and managing money well are crucial skills for a good financial life. Here are some effective tips to help you spend less:
Innovative co-financing platform to improve development impact
Written by Karla GutiérrezA coalition of 10 multilateral development banks today launched a new co-financing platform that will enable them to channel additional capital to increase the scale of their activities and development impact.
Avianca increased its flight capacity between North and Central America by 50%
Written by Denis Muñoz / Coralia CuellarDuring the "Centroamérica TRAVEL MARKET 2024", event, Rolando Damas, Avianca's Sales Director for North, Central America, and the Caribbean, shared relevant information about the airline's growth and projections.