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Ministry of Finance evaluates extending the deadline for FEFE and CONTRANS taxes
Written by Evelyn Alas
The Minister of Finance, Alejandro Zelaya, said in a press conference that the institution will monitor to evaluate a possible extension of the three-month suspension of the measures announced by the Central Government.
Fuel expert, Julio Villagrán informs salvadorans that gasoline prices could increase starting next tuesday between US$0.35 for diesel and US$0.27 for regular and premium.
CABEI analyzes regional development, COVID-19 impact and economic outlook for the coming years
Written by Evelyn Alas
The effects of the global economic recession that impacted trade, tourism and employment in 2020, as well as the robust recovery registered in 2021 and the challenges currently facing the region with the increase in international raw material prices and persistent rises in inflation rates are some of the results of the report "Central America and the Pandemic: Economic Impact of COVID-19 in 2020 and perspectives 2021-2023" presented this wednesday by the Central American Bank for Economic Integration (CABEI).
Crude Oil drops 7% and trades near $100 a barrel again
Written by Evelyn Alas
Oil prices fall 7% to trade at US$100 a barrel as investors pinned their hopes on diplomatic efforts by Ukraine and Russia to end their conflict, while an increase in COVID-19 cases in China made markets nervous.
IDB Report: Central America, Panama and Dominican Republic recover but with challenges
Written by Evelyn Alas
Although the recovery process in 2021 has been widespread, it has occurred at different speeds in the region, according to the most recent IDB Group Activity Report "On the Road to an Inclusive and Sustainable Economic Recovery".
Companies that alter petroleum products will be sanctioned up to US$100 thousand
Written by Evelyn Alas
With 76 votes, the deputies approved in plenary session the Transitory Law to Sanction Infractions in the Commercialization of Petroleum Products, which seeks to stop abusive practices in the sale of these products.
Financial Commission studies regulation of cooperatives and associations to avoid abusive practices
Written by Evelyn Alas
The Financial Commission met with representatives of the Instituto Salvadoreño de Fomento Cooperativo (INSAFOCOOP), to address the regulation of the sector not supervised by the Superintendencia del Sistema Financiero (SSF), which is made up of cooperatives and associations.
New cases of alleged tax evasion for US$4 million and US$142 thousand are presented
Written by Evelyn Alas
The Minister of Finance, Alejandro Zelaya, went to the Fiscalía General de la República (FGR), to present 2 notices, one against a natural person who allegedly evaded more than US$4 million and another against a company that allegedly evaded around US$142 thousand.
Pacific Airport will generate 4,700 jobs in the first year
Written by Evelyn Alas
The presidential commissioner for Strategic Projects, Cristian Flores, highlighted the progress of major projects such as the Pacific Airport, for which they already have the economic and financial report, which states that there will be the generation of about 4,700 jobs in the first year and 50,000 jobs in 10 years.