Displaying items by tag: increase
Salvadoran tourism has received 1 million visitors so far in 2024
In the first months of the year, El Salvador has received one million visitors, which represents a considerable growth, compared to the same period last year, expecting to reach a 157% increase by 2024.
Deposits in El Salvador reached more than US$17,553.0 million
According to the report of the Asociación Bancaria Salvadoreña, ABANSA, deposits reached more than US$17,553.0 million for the month of march 2024. This represents an increase of 4.2%, equivalent to US$709.4 million more than in march 2023.
International remittances increase 650% in 22 years
The Organización Internacional para las Migraciones (IOM) through a United Nations (UN) report affirmed the increase of remittances from US$128,000 to US$831,000 million in a 22 year period.
Basic food basket increases US$55.55 in 2024 compared to 2021
The Centro para la Defensa del Consumidor (CDC), presents today its cost-of-living analysis and proposals to alleviate the economic situation of salvadoran families.
Treasury surpasses 2023 Income Tax filing goal
The Ministry of Finance has announced that it has successfully surpassed the goal established for the filing of Income Tax returns for the year 2023, managing to receive a total of 811,473 returns as of april 30, which represents an increase of 12% over the target figure previously established by the institution.
Food prices increased according to UFG survey
In a recent survey conducted by the Universidad Fráncico Gavidia titled: “Estudio de humor social y político” where the economic situation of salvadorans is reflected, it can be observed that the cost of living and food have increased, and economic income is very low.
Innovative co-financing platform to improve development impact
A coalition of 10 multilateral development banks today launched a new co-financing platform that will enable them to channel additional capital to increase the scale of their activities and development impact.
23% increase in commercial flights in El Salvador
The Comisión Ejecutiva Portuaria Autónoma (CEPA) reports more than 13 thousand commercial passenger flights at the Aeropuerto Internacional de El Salvador during the period from january 1 to april 14, 2024, this represents an increase of 23% compared to 2023.
Texaco and Glasswing increase aid to students of public schools in El Salvador
Chevron, through its Texaco brand, reiterated its support for the education of children and young people in El Salvador, by continuing its Energiza tu Escuela program, which promotes learning under the STEAM (science, technology, engineering, arts and mathematics) methodology.
Electricity rate increase will not affect most salvadorans
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.