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Bitcoin reached US$52 thousand, a new record for the cryptocurrency
Written by Karla Gutiérrez
The cryptocurrency Bitcoin reached the value of US$52,000, the highest price recorded since december 2021.
Plenary approves US$75 million CAF loan for environmental program
Written by Karla Gutiérrez
The deputies of the Legislative Assembly approved, with 59 votes, that the Salvadoran government sign a loan with the Corporación Andina de Fomento (CAF) for US$75,000,000.00 to finance the "Program for environmental improvement, drinking water and sanitation in the upper basin of the Lempa River (Trifinio) and Puerto de La Libertad in El Salvador".
Ministry of Finance audits tax abuses on Valentine's Day
Written by Denis Muñoz
The Ministry of Finance through the Dirección General de Impuestos Internos (DGII) has gone to different businesses to ensure the issuance of invoices and tax documents, in order to prevent abuses to the population on Valentine's Day.
Superintendencia del Sistema Financiero reports 4.6% increase in bank savings
Written by Denis Muñoz
According to data from the Superintendencia del Sistema Financiero, savings continued to increase during the first month of the year.
Ministry of Finance presents initiative to subscribe loans with CAF
Written by Karla Gutiérrez
The General Director of Investment and Public Credit of the Ministry of Finance of El Salvador, Marlon Herrera and the deputy director of Budget, Michelle Arce, appeared before the Finance Committee of the Legislative Assembly, to request loans from the Development Bank of Latin America and the Caribbean.
What is financial health and how to know if you have it?
Written by Karla Gutiérrez
Financial health can be defined as the well-being achieved through a good management of personal, family or business finances in order to be able to face unforeseen events and achieve vital and future goals.
Bank interest is the monetary amount that is paid or earned on a capital, either accessed through a credit or given to a financial institution as an investment
IDB approves $84 million to El Salvador to improve trade and increase port efficiency
Written by Karla Gutiérrez
The Inter-American Development Bank (IDB) approved an $84 million loan to accelerate El Salvador's international insertion in world trade by reducing trade costs, improving trade facilitation, and increasing port efficiency.
As of this month, corporations with a single shareholder and an initial capital of US$1 can be created
Written by Karla Gutiérrez
This february, the reforms to the Commercial Code will come into effect, which consists in the creation of Sociedades por Acciones Simplificadas (SAS), which may be incorporated by a single person, as opposed to Corporations that required two or more partners, and two thousand dollars to be legally constituted.