As of february 2022 tax revenues and contributions accumulate US$1,083.7 million
Written by Evelyn AlasThe Ministry of Finance (MH) showed that, as of february, revenues obtained from taxes and contributions accumulated US$1,083.7 million, that is, more than what the Treasury had projected they would receive up to that month, 24.5% more than what was accounted for in 2021.
World Bank and Ministry of Finance to support municipal governments with US$200 million
Written by Evelyn AlasThe “Proyecto Desarrollo Económico Local Resiliente” promoted by the Dirección de Obras Municipales (DOM), seeks to boost the country's economy through municipal management and the creation of works that generate the development of municipalities in El Salvador.
Price of the basic food basket increased US$14.19 in 2022 according to CDC
Written by Evelyn AlasIn a morning interview the director of the Centro para la Defensa del Consumidor (CDC), Danilo Perez said that the economic impact that the country will have will be strong. The basic food basket has increased US$14.19 in 2022.
El Salvador becomes a destination for spanish investment opportunities
Written by Evelyn AlasThe spanish investment opportunities, in El Salvador was the focus of the bilateral business meeting held last monday, february 28, in face-to-face and virtual format from CEOE with the salvadoran ministers of Economy, María Luisa Hayem and Finance, Alejandro Zelaya.
CABEI participated in the most important renewable energy conference in the region
Written by Evelyn AlasWith the purpose of promoting initiatives that help social welfare and boost the productive sector by optimizing the use of energy resources, the Central American Bank for Economic Integration (CABEI) participated in the Third Edition of RENPOWER AMERICA CENTRAL 2022.
The mortgage loan is one of the most important loans, since it helps in the dream of acquiring a home in order to build an own patrimony.
Gas stations that charge FOVIAL contribution to fishermen will be fined 500 minimum wages
Written by Evelyn AlasThe Defensoría del Consumidor in coordination with the Ministry of Finance activated this tuesday an inspection plan in gas stations located in the coastal strip and lakes of the country, to verify compliance with the exclusion of payment of the contribution for the Fondo de Conservación Vial (FOVIAL), in the purchase of fuel for boats with engines dedicated to extractive fishing.
Assembly approves with 73 votes the reforms to the Anti-Usury Law
Written by Evelyn AlasWith 73 votes, the Legislative Assembly approved reforms to the Law Against Usury, which seeks to curb abusive practices that banks, lenders, pawnshops, among others, have committed against salvadorans.
El Salvador does not have the funds to cover its financial commitments 2022-2023: ICEFI
Written by Evelyn AlasThe executive director of the Instituto Centroamericano de Estudios Fiscales (ICEFI), Ricardo Castaneda Ancheta, said in a radio interview, that the Central Government does not have the money to honor its commitments in 2022 and particularly in 2023, because US$800 million Eurobonds are due in january.