The 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.

The “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.

In 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.

The 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.

With 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.

Sunday, 27 February 2022 20:35

What is mortgage credit?

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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.

The 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.

With 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.

The 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.