Congressmen study penalties for truncation of checks
Written by Karla GutiérrezThe deputies of the Financial Commission continued with the study of the initiative that contains reforms to the Commercial Code to incorporate article 838, paragraphs A and B, and to implement the truncation of checks.
The Ministry of Finance through the Dirección General de Impuestos Internos (DGII), informs that businesses are obliged to provide invoices to their customers for goods and services provided. The purpose of this measure is to reduce the tax evasion rate.
Ministry of Housing invested US$823.5 million in loans, deeds and resettlements
Written by Karla GutiérrezThrough social networks, the minister of Housing, Michelle Sol, announced that US$823.5 million have been invested in the delivery of credits, deeds, resettlement and housing, in the four and a half years she has been in office.
The consumer price index registered a variation of 0.14%.
Written by Denis MuñozAccording to the monthly bulletin released by the Banco Central de Reserva which includes the consumer price index, November registered a variation of 0.14% due to increases in various goods and services.
What is a loan and how does it help to finance companies or governments?
Written by Miguel CrespinBorrowings are a form of financing that a company or government obtains by going to financial entities in the national or international market to request a loan from a large number of investors, dividing the debt into small participations, which are called securities.
Gasoline prices to drop again by up to US$0.10, authorities say
Written by Miguel CrespinThe Dirección General de Energía, Hidrocarburos y Minas has announced the new fuel prices for the next few days, which continue to remain low just a few days before the beginning of 2024.
January's slope is an economic phenomenon that affects people after a bad management of finances during the year that ends, adding to the increase in prices of goods and services caused by inflation.
Salvadoran economy to grow in a range of 2.5% to 3.0% in 2024
Written by Miguel CrespínThe head of the Banco Central de Reserva (BCR), Douglas Rodriguez has informed that economic growth will be in a range of 2.5% to 3.0% in 2024, while for 2023 the projection indicates that the salvadoran economy will grow by 2.7%.
Savings accounts in El Salvador have grown from 36 thousand to 300 thousand in 4 years
Written by Miguel CrespinThe Superintendencia del Sistema Financiero has announced that savings accounts in El Salvador have grown a total of 275,385 in recent years, which means that this financial service is growing.