Tax collection continues positive trend, benefiting social investments
Written by Evelyn AlasThe Ministry of Finance reported that the Income Tax (ISR) generated US$1,553 million up to may of this year. Compared to the same period of 2022, this is a positive variation that maintains the trend that has been in place since previous months.
The FED must evaluate a 50 basis point rise in july if it pauses in june
Written by Evelyn AlasThe U.S. Federal Reserve should be open to raising interest rates by half a percentage point in july if it opts not to make credit adjustments at this month's meeting, said former Treasury Secretary Lawrence Summers.
U.S. Senate passes debt ceiling bill, avoiding default
Written by Evelyn AlasAccording to international media since Alexander Hamilton, one of the founding fathers, agreed in 1790 to pay the Revolutionary War bonds at 100%, even though they were trading well below their value, the United States has earned a reputation as a reliable country and has never declared a default on its debt, even if it has ever looked over the edge of the precipice.
What are financial investments and what types are there?
Written by Evelyn AlasInvesting money can be seen as an outflow of capital made in the present to improve personal and family financial health in the future. Its objective is to buy an asset at a low price and sell it for a higher cost.
Treasury and CABEI will soon launch first US$50 and US$70 million bonds
Written by Evelyn AlasThe Minister of Finance, Alejandro Zelaya, said in an interview that a few months ago El Salvador won the seat of the Regional Debt Market where it will integrate the stock exchanges of the other countries.
Treasury reports US$3.114 billion in tax collections as of may 28th
Written by Evelyn AlasThe minister of Finance, Alejandro Zelaya said this morning in a morning interview that the institution has achieved the tax goals at the level of Income and Value Added Tax (VAT) revenues, only up to may 28, 2023, US$3,114 million have been registered.
Investments that strengthen the country's economy with the help of salvadorans abroad
Written by Evelyn AlasAFP CONFIA celebrates 25 years of providing trust and commitment to its members, pensioners and clients
Written by Evelyn AlasFor 25 years, the Administradora de Fondos de Pensiones AFP CONFIA has worked hand in hand with the values of commitment and integrity. To date, it has responsibly managed the savings of more than 1.7 million salvadorans, who have trusted this institution to build the assets that will finance their retirement.
World Trade Organization seeks to streamline online trade and electronic transactions
Written by Evelyn AlasAccording to Maritime World, on may 16, Members of the World Trade Organization (WTO) met to exchange experiences and discuss the facilitation of digital trade and electronic transactions.