Displaying items by tag: Salvadoran economy

The Banco Central de Reserva (BCR) provided details of the country's economic situation in 2023 and projections for 2024.

 

Published in Finances

The 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%.

 

Published in Finances
Thursday, 23 November 2023 05:23

Salvadoran economy could grow 8% according to UCA

Members of the Economics Department of the Universidad Centroamericana (UCA) presented the results of a study they conducted on the reality of the salvadoran economy and its future forecasts.

Published in Economy

In order to further strengthen the Social Entrepreneurship Ecosystem in the country, the Fundación Gloria Kriete (FGK), held an entrepreneurship fair, a space where they presented the products and services of 27 ventures that seek to grow and strengthen the salvadoran economy while creating social impact.

Published in Entrepreneurship

In the first presentation of the Economist Week 2023, which is called "Economic Productivity in El Salvador", the President of the Colegio de Profesionales en Ciencias Económicas (COLPROCE), Oscar Cabrera, explained that El Salvador is in a trap of low growth and low levels of labor productivity.

 

Published in Economy

The Ministerio de Economía (MINEC) has implemented strategies that have allowed the country to recover, in record time, after the various shocks that have affected the world and have impacted the nation, including the COVID-19 and the inflationary crisis, achieving sustained growth of the salvadoran economy.

Published in Economy

The World Travel & Tourism Council (WTTC) indicated, through its Annual Economic Impact Report (EIR), that by the end of this year the sector's contribution to El Salvador's GDP will exceed pre-pandemic levels, as it will contribute US$3.6 billion to the national economy, 8.3% above what was registered in 2019.

Published in Economy

In a morning interview, economist and former president of the Banco Central de Reserva (BCR), Mauricio Choussy explained that El Salvador will grow this year, but it will slow down, reaching a Gross Domestic Product (GDP) of 1.3%.

Published in Economy

The Gross Domestic Product (GDP) for the third quarter of 2022 registered a growth of 2.2% compared to the same period of the previous year. In monetary terms, this represented an increase of US$682.8 million, bringing the GDP for the third quarter of 2022 to US$7,887.1 million.

Published in Economy

The diaspora is a sector that contributes to the dynamization of the salvadoran economy, which now feels more supported.

Published in Breaking News
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