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El Salvador launches foreign debt buyback offer
Written by Karla Gutiérrez
This monday, El Salvador launched the offer to repurchase public debt maturing from 2025 to 2029. This official announcement was made by President Nayib Bukele through the social network X, in the afternoon hours.
Finance Committee approves two loans with IDB and IBRD
Written by Karla Gutiérrez
The Treasury Commission approved, in its working session, two rulings that seek to support the country's development. The first one contemplates an amendment to the 2024 Budget Law to manage resources for the Ministry of Public Works and Transportation, allocating US$5,500,000,000.
Tips for cash flow optimization in businesses
Written by Karla Gutiérrez
The ability to generate and optimize cash flow through operations allows determining the potential growth of the company and its financial health.
Setting clear and achievable financial goals is essential to improve your financial health. Here are some tips on how to do it effectively:
Not all credit cards have this benefit for their users. Each financial institution, as well as each credit card, has different conditions and programs for its customers when it comes to earning miles.
Grupo QUANTO announces US$4.5 million investment in a shopping mall
Written by Karla Gutiérrez
Grupo QUANTO announced an investment of US$4.5 million in the heart of San Salvador, San Benito, where it will develop a modern shopping mall with 17 stores for restaurants, stores, jewelry stores and other establishments, with more than 95 parking lots.
IMF puts bitcoin as a "key element" in its negotiations with El Salvador
Written by Karla Gutiérrez
According to a report by EFE news agency, the International Monetary Fund (IMF) said thursday that addressing the risks derived from bitcoin, the official currency in El Salvador, is a "key element" of the talks it is having with the government of salvadoran President Nayib Bukele for an economic agreement.
Private enterprise has generated US$1 billion in profits in the country
Written by Karla Gutiérrez
Transnational companies in El Salvador have had record profits in three consecutive years with one billion dollars in profits, that is to say that last year these companies had around one billion four hundred million dollars in profits, according to data that the President of the Banco Central de Reserva, Douglas Rodriguez announced in a television interview.
Commission approves tax exemption for the communities of Jayaque and San Julian
Written by Karla Gutiérrez
The members of the Treasury Commission issued two favorable rulings to support the communities of Jayaque, in La Libertad, and the population of San Julián, municipality located in Sonsonate.