Displaying items by tag: Covid19 pandemic
Slowdown in China: Positive or negative consequences for El Salvador?
China is in one of the most complicated stages of its economy, since it has been experiencing a marked slowdown for a couple of months, job losses and low production for exports.
When debt crises occur, don't just blame the pandemic
According to the World Bank, as a result of the COVID-19 pandemic, global debt has increased. Today, 58% of the world's poorest countries are over-indebted or at high risk of becoming so, and the danger is spreading to some middle-income countries as well.
CABEI and the Republic of China Taiwan support women's economic empowerment in the post COVID-19 pandemic
In order to support the countries of the region in their economic recovery after the effects of the COVID-19 pandemic, the Central American Bank for Economic Integration (CABEI) and the Ministry of Foreign Affairs (MOFA) of the Republic of China (Taiwan) signed an agreement for the implementation of a regional program focused on supporting women's entrepreneurship and employment.
CABEI and Banco CUSCATLAN formalize US$60 million financing to support small and medium-sized salvadoran enterprises
The Central American Bank for Economic Integration (CABEI) and Banco CUSCATLAN de El Salvador, S.A. formalized this friday a global line of credit for up to US$60 million to be made available to salvadoran small and medium-sized enterprises (SMEs) affected by the COVID-19 pandemic.
Covid-19 pandemic caused rapid deteriorations in labor markets according to "State of the Region 2021" report
In-depth studies document that, in the context of the Bicentennial of the Independence of most Central American countries, the region is going through a bleak outlook: the worst crisis in decades.