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Congressmen tested budget for the country's Coastal-Sea Beltway
Written by Karla Gutiérrez
A second approval made by the congressmen was the reform to the National Budget Law 2024, in the branch of Economy, with which they intend to incorporate resources destined to finance investment projects, for a value of US$311,653 from external loans from the Inter-American Development Bank (IDB).
First loan with Saudi Arabia approved for development of electric energy from the Acelhuate River
Written by Karla Gutiérrez
In order to promote the use of clean and renewable electric energy in El Salvador, the deputies of the Legislative Assembly, with 70 votes, authorized the Government to sign, for the first time, a loan agreement with the Saudi Fund.
Financial stress occurs as a consequence of economic problems that generate anxiety and produce a feeling of vulnerability or scarcity. Good financial health management is essential to prevent this type of stress and its possible negative effects on physical and mental health.
Bitcoin reached US$52 thousand, a new record for the cryptocurrency
Written by Karla Gutiérrez
The cryptocurrency Bitcoin reached the value of US$52,000, the highest price recorded since december 2021.
Plenary approves US$75 million CAF loan for environmental program
Written by Karla Gutiérrez
The deputies of the Legislative Assembly approved, with 59 votes, that the Salvadoran government sign a loan with the Corporación Andina de Fomento (CAF) for US$75,000,000.00 to finance the "Program for environmental improvement, drinking water and sanitation in the upper basin of the Lempa River (Trifinio) and Puerto de La Libertad in El Salvador".
Ministry of Finance audits tax abuses on Valentine's Day
Written by Denis Muñoz
The Ministry of Finance through the Dirección General de Impuestos Internos (DGII) has gone to different businesses to ensure the issuance of invoices and tax documents, in order to prevent abuses to the population on Valentine's Day.
Superintendencia del Sistema Financiero reports 4.6% increase in bank savings
Written by Denis Muñoz
According to data from the Superintendencia del Sistema Financiero, savings continued to increase during the first month of the year.
Ministry of Finance presents initiative to subscribe loans with CAF
Written by Karla Gutiérrez
The General Director of Investment and Public Credit of the Ministry of Finance of El Salvador, Marlon Herrera and the deputy director of Budget, Michelle Arce, appeared before the Finance Committee of the Legislative Assembly, to request loans from the Development Bank of Latin America and the Caribbean.
What is financial health and how to know if you have it?
Written by Karla Gutiérrez
Financial health can be defined as the well-being achieved through a good management of personal, family or business finances in order to be able to face unforeseen events and achieve vital and future goals.