Displaying items by tag: Finance Commission

This monday, the Finance Commission of the Legislative Assembly approved an opinion for the reform to the "Income Tax Law to encourage national and foreign investment, essentially in the financial sector", exempting from the tax all movement of international capital entering the country.

 

Published in Economy

Committed to guarantee the proper functioning of the institutions, the deputies of the Treasury Commission issued a favorable opinion to reform the 2022 Budget Law and incorporate US$2,448,556 for the strengthening of the Tribunal Supremo Electoral (TSE).

Published in Economy

During the Treasury Commission, the legislators approved by majority the reform to Legislative Decree No. 608 and No. 804, which allow the Ministry of Finance to manage credits in order to guarantee more resources for the country and face the Covid-19 pandemic.

Published in Finances

The president of Banco de Desarrollo de El Salvador (BANDESAL), Juan Pablo Durán, explained the Primer Programa de Acceso al Crédito para la Recuperación de la Micro, medianas y pequeñas empresas (MIPYME),which will be financed by the Inter-American Development Bank (IDB) for up to US$200 million.

Published in SME