Wednesday, 03 March 2021 08:56

Banks suggest a fiscal agreement with IMF

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The Salvadoran Banking Association (ABANSA), called for the central government to establish a fiscal agreement with the International Monetary Fund (IMF) to provide stability to the country's finances.

The Ministry of Economy (MINEC), announced that the prices of Liquefied Petroleum Gas (LPG) cylinders will experience variations ranging from an increase of US$0.09 in the price of the smallest cylinder to US$0.33 in the largest cylinder. The new prices are scheduled to take effect this March 2021.

Friday, 26 February 2021 21:12

Economic relief comes to an end on march 13th

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The Standards Committee of the Central Reserve Bank recently approved the technical regulations for financial institutions to restart the counting of days in arrears without this implying the abrupt closure of financing sources for households, and companies affected by the pandemic.

With this strong boost to the coffee sector, it is proposed to improve the quality of coffee cultivation, benefiting more than 400,000 families in the region.

An investigative work of the General Directorate of Statistics and Census revealed that the behavior of the Consumer Price Index (IPC) regarding November 2020, which was of a monthly variation of 0.20%. It is mainly explained by the increases of 0.42% in Housing, water, electricity, gas and other fuels and 0.75% in Furniture, Household Items and Ordinary Household Maintenance.

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