According to Bloomberg Linea magazine, explains that oil is headed for another week of losses as the world's central banks raise their interest rates to quell inflation. If this is indeed the case, it would be the longest weekly losing streak of the year.

The minister of Finance, Alejandro Zelaya, informed through his twitter account that the early purchase operation has been completed, the payment of the US$565.6 million in bonds, which El Salvador repurchased, has been deposited to the bondholders according to the terms of the invitation.

Friday, 23 September 2022 00:44

Producer price index as of august 2022 was 127.83

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The Índice General de Precios al Productor (IPP) for august 2022 was 127.83 and the monthly variation was 0.30%, compared to July of this year. The price increase was higher for information and telecommunications activities; artistic, entertainment, and recreational activities; and manufacturing industry.

According to a report provided by the Banco Central de Reserva de El Salvador (BCR) of the total remittances received from january to august 2022, US$47 million have been destined to invest in business or purchase of personal property for businesses, which reflects an increase of 45%.

In 12 months, the airline has inaugurated 6 routes to Central America, Mexico and the United States.

Wednesday, 14 September 2022 21:15

29 families benefited with funds to build their homes

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Michelle Sol, minister of Housing and Juan Alberto Ortiz, President of the Instituto Administrador de los Beneficios de los Veteranos y Excombatientes (INABVE), delivered contributions to more salvadoran families for the construction of their homes.

The method of working with new technologies is advancing not only in the private sector, but also in the government.

Members of the Colegio de Profesionales en Ciencias Económicas (COLPROCE) analyzed the country's economic situation and recommended the government to create a plan for the payment of the US$800 million debt that matures in january 2023.

Wednesday, 07 September 2022 15:01

DC reports 14% price increase in groceries

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In view of the economic measures implemented by the Government of El Salvador, Ricardo Salazar, President of the Defensoría del Consumidor, stated that inflation in El Salvador closed july at 7.5%, while in Guatemala it reached 8.4%, 10.9% in Honduras and 11.5% in both Costa Rica and Nicaragua.

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