Displaying items by tag: EL SALVADOR

According to the Banco Central de Reserva (BCR), in january 2023, El Salvador received US$588 million in family remittances, showing a growth of 6.4% compared to the same period last year.

The anti-crisis measures taken by the Central Government in march last year, have allowed El Salvador to continue with the lowest inflation in Central America in 2023, thus minimizing the impact on the pockets of Salvadorans compared to the rest of the region and the world.

El Salvador's government has been characterized for making drastic changes in the country's history, as evidenced by its management of its foreign debt.

The annual variation rate of the Índice de Precios al Consumidor (IPC) in El Salvador in january 2023 was 7%, 3 tenths lower than the previous month, according to the Oficina Nacional De Estadística Y Censos (ONEC).

Walmart de México y Centroamérica in El Salvador continues working together with its customers, business partners, and suppliers in multiple actions to become a regenerative company. To achieve this goal, Walmart is developing several actions to promote sustainability, support small and medium-sized companies, and support the Banco de Alimentos of El Salvador.

The Fundación Ciudadana por un Consumo Responsable (FCCR) implemented the initiative "Economy and Society: Key Indicators", to systematize regional information on issues relevant to consumers. Report No. 9 offers a look at current economic topics in Latin America and the Caribbean.

According to the International Monetary Fund (IMF), explained in its mission inside the salvadoran nation that the country's banking sector remains healthy, but timely measures are required to reestablish financial stability buffers.

The International Monetary Fund (IMF), during its visit to El Salvador, said that given demographic trends, it is still necessary to strengthen the incentives and financial sustainability of the pension system to limit contingent liabilities and encourage the development of the capital market.

According to cryptocity media, the Comisión Ejecutiva Portuaria Autónoma (CEPA)  assured that it has already received the environmental permits for the construction of the Pacific Airport. At the same time, they are moving forward with the design of the new terminal in the east of the country. The new station is part of the Bitcoin City project to be developed in El Salvador.

The International Monetary Fund (IMF), explained that Latin American economies held up well last year despite shocks stemming from the Russian invasion of Ukraine and global interest rate hikes.