Displaying items by tag: favorable opinion
The General Director of Investment and Public Credit, Moisés Cabrera, and the Deputy General Director of Budget, Laura Michelle Arce, members of the technical team delegated by the Minister of Finance, arrived at the Treasury Commission to request an amendment to the 2021 Budget Law which consists of the incorporation of US$881,202.
The Treasury Commission approved two favorable opinions to grant sovereign guarantees to Banco de Desarrollo de El Salvador (Bandesal), for $240 million that will be used to support the loan agreements signed by this financial institution with the Inter-American Development Bank (IDB) and the European Investment Bank (EIB).
The Treasury Commission issued a favorable opinion to reform the Ley de Creación del Fideicomiso de Recuperación Económica de las Empresas Salvadoreñas (FIREMPRESA), with the purpose of facilitating the delivery of the government subsidy to micro, small and medium-sized companies (MSMEs) as an aid before the increase of the minimum wage for one year.
During the working session, the deputies of the Finance Commission prepared another favorable opinion for the creation of the "Special Activities Fund of the Ministry of Housing".