The Social Fund will hold a Housing Fair in Plaza Mundo
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Exports fall 1.1%, affected by sales to the United States
Written by Redacción DineroExports from El Salvador, at the end of the first quarter of 2019, accumulated a total of US $ 1,466.3 million, a result lower by US $16.2 million compared to the same quarter of 2018 (1.1% less).
DUCA advances in the borders and exporters ask for alternatives to anticipate problems
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As part of its social role, the Social Fund for Housing (FSV) made an important donation of 24 lots of land to the Mayor's Office of the City of Ilopango, which will benefit more than 2,000 residents of the La Lotificación Selva, and to thousand children who study at the School Center, residing in the Lotification, and its surroundings.
The value of the donated land amounts to $823,505.00, with an extension of 40,166.30 square meters (57,469.94 square yards).
The donated lands are already used and constitute spaces of social utility such as: 9 green areas, 6 protection zones, 1 lot where the Communal House works, 2 parking lots, 1 lot where the La Selva Lotification School Center operates, 3 lots for rain water servitude, 1 lot for rainwater gutter and 1 lot where the ANDA pumping plant works.
According to the Law of Creation of the FSV, the Institution is not empowered to donate real estate, so according to art. 233 of the Constitution of the Republic, any transfer of real estate from the Social Fund, must be authorized by the Legislative Assembly, State Organ that issued Legislative Decree No. 955, published in the official newspaper on May 11, 2018, which came into effect 8 days after its publication, which allowed for the donation of land.
The lord mayor of the City of Ilopango, Adán de Jesús Perdomo, thanked the donation on behalf of the beneficiaries, noting that "this represents legal security for families, with whom as Municipality we develop different projects for the benefit of the population that lives in those lands, for more than 30 years”.
The President and Executive Director of FSV, José Tomás Chévez, said that "this donation strengthens the institutional social role of FSV that allows us to contribute to improving the quality of life of low-income families, together with the Municipality of Ilopango. We are happy to know that in the donated land, the Community is developed in different common áreas”.
Urbanización La Selva de Ilopango was founded in 1987, as a community lotification to house several families from different areas of the Metropolitan Area of San Salvador, to whom the Social Fund originally delivered 464 lots by means of lease with Promise of Sale to be build a housing project for families that were affected by the 1986 earthquake.
MAG bought US $6 million in fertilizers for agricultural packages
Written by Dinero staffThe sowing and harvesting cycle is about to begin in the country. The Ministry of Agriculture and Livestock (MAG) purchased US $6.3 million in fertilizers, of 16-20-0 formula, which will be part of the packages delivered by the ministry to farmers.
