Displaying items by tag: foreign investment

In the last report of the Banco Central de Reserva (BCR), El Salvador received US$759.7 million in foreign investment (IED) in 2023, which means that it quadrupled, compared to what was received in 2022 that reached US$170.9 million and the highest registered during the first five years of Bukele's administration.

The Minister of Foreign Affairs, Alexandra Hill, presented today, the transformations experienced by El Salvador and the advances in foreign policy during 2023, before ambassadors and representatives of cooperation agencies accredited in our nation.

Deputies of the Economy Commission continued with the study of the Law for the Agencia de Promoción de Inversiones y Exportaciones de El Salvador (INVEST), a regulation with which certain government institutions seek to access new markets, export and manufacturing destinations.

According to CoinDesk newspaper, El Salvador is trying to encourage foreign investment having adopted bitcoin as legal tender.