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Electricity rate increase will not affect most salvadorans
Written by Denis Muñoz
From april 15 to july 14, 2024, there will be a 23% increase in electricity rates for industry, commerce and those users who consume more than 300 kW/hour.
Representatives from El Salvador meet with leading chinese companies to identify economic opportunities
Written by Denis Muñoz
The Vice Minister of Foreign Affairs, Adriana Mira, held a series of meetings with companies based in the city of Hangzhou, an important business center of the Eastern nation, to identify and promote partnerships and opportunities for economic, innovation and development.
Economic tips to make your paycheck last until the end of the month
Written by Denis Muñoz
Many people hardly make it to the end of the month with economic liquidity to meet their financial needs, because their salary is not enough for the whole month. To make it to the last day of the month with economic peace of mind, it is necessary to follow a series of recommendations so that the money will last until the next cash inflow.
The online market is one of the new windows of economic income that is expanding thanks to its variety of content and articles of all uses, as well as its immediacy and ease of use.
Assembly approves more than US$5 million for public space improvements
Written by Karla Gutiérrez
With 66 votes, the members of the Legislative Assembly reformed the General Budget Law 2024 to incorporate resources to the Ministerio de Obras Públicas y Transporte (MOPT).
Assembly approves agreement with international organization to execute climate agriculture project
Written by Karla Gutiérrez
The Legislative Assembly ratified, with 75 votes, an agreement between the Government of El Salvador, through the Ministry of Foreign Affairs, and the Global Green Growth Institute (GGGI), which will benefit women and youth in climate-smart agriculture and the strengthening and restoration of forest lands.
Deputies approved special law to allocate funds to the FSV
Written by Karla Gutiérrez
The Legislation and Constitutional Points Committee ruled in favor of creating a special law that authorizes the Fondo Social para la Vivienda (FSV), to give on gratuitous loan real estate located in the Urbanization La Campanera in the municipality of Soyapango.
El Salvador launches foreign debt buyback offer
Written by Karla Gutiérrez
This monday, El Salvador launched the offer to repurchase public debt maturing from 2025 to 2029. This official announcement was made by President Nayib Bukele through the social network X, in the afternoon hours.
Finance Committee approves two loans with IDB and IBRD
Written by Karla Gutiérrez
The Treasury Commission approved, in its working session, two rulings that seek to support the country's development. The first one contemplates an amendment to the 2024 Budget Law to manage resources for the Ministry of Public Works and Transportation, allocating US$5,500,000,000.