Monday, 15 January 2024 03:05

The most common scams in El Salvador

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Scams are the order of the day in El Salvador and people who commit this type of crime do it in different ways either through the internet, phone calls, text messages, emails, among others.

In an ordinary plenary session, the deputies approved a loan agreement for up to US$150 million, signed with the Banco Internacional de Reconstrucción y Fomento, BIRF in order to execute El Salvador's Resilient Transportation and Infrastructure project.

Monday, 08 January 2024 16:21

Five financial tips if you are young

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To have a lot of money it is not enough to earn a lot of money, the key is to have a good control over your finances. That's why we have compiled some tips that will help you improve your financial situation.

 

The deputies of the Financial Commission continued with the study of the initiative that contains reforms to the Commercial Code to incorporate article 838, paragraphs A and B, and to implement the truncation of checks.

Monday, 08 January 2024 03:54

Mandatory invoicing in salvadoran businesses

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The Ministry of Finance through the Dirección General de Impuestos Internos (DGII), informs that businesses are obliged to provide invoices to their customers for goods and services provided. The purpose of this measure is to reduce the tax evasion rate.

 

Through social networks, the minister of Housing, Michelle Sol, announced that US$823.5 million have been invested in the delivery of credits, deeds, resettlement and housing, in the four and a half years she has been in office.

 

According to the monthly bulletin released by the Banco Central de Reserva which includes the consumer price index, November registered a variation of 0.14% due to increases in various goods and services.

 

Borrowings are a form of financing that a company or government obtains by going to financial entities in the national or international market to request a loan from a large number of investors, dividing the debt into small participations, which are called securities.

The Dirección General de Energía, Hidrocarburos y Minas has announced the new fuel prices for the next few days, which continue to remain low just a few days before the beginning of 2024.