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Opening of a trading house for salvadoran products in Canada
Written by Denis Muñoz
The Ministry of Foreign Affairs, through the Embassy and Consulate General in Toronto, Canada, managed and promoted the formalization of a letter of understanding for the establishment in that nation of a trading house for products made in El Salvador.
The International Monetary Fund (IMF) has adjusted its growth estimates for El Salvador and now expects the country's economy to grow 3% by the end of 2024, reflecting the current dynamism of the salvadoran economy and approaching the 3.5% to 4.0% range projected by the Banco Central de Reserva.
The increase in coffee exports in the 2023/2024 cycle has increased reaching an increase of 572% in february.
There are several methods to earn money, but today we bring you some tips that are very avant-garde and are very trendy.
Startups and entrepreneurial capital in El Salvador, innovation in mobility and tokenization
Written by Denis Muñoz
The growth of startups in El Salvador has been driven by several factors, including the incursion of emerging technologies such as electric vehicles.
What does the repurchase of its foreign debt mean for El Salvador?
Written by Karla Gutiérrez
The Government of El Salvador launched last monday a public offer for the repurchase of its bonds maturing between 2025 and 2029, amounting to some US$1,749 million.
Investment to combat violence cost El Salvador between 14% and 19% of GDP
Written by Karla Gutiérrez
In a television interview, the President of the Banco Central de Reserva, Douglas Rodriguez, specified that violence cost El Salvador around 14% to 19% of the Gross Domestic Product (GDP).
Assembly approves $84 million IDB loan for CEPA
Written by Karla Gutiérrez
The deputies of the Legislative Assembly approved a loan with the Inter-American Development Bank (IDB) in the amount of US$84 million.
Through march Treasury has collected US$1,798.4 million in taxes
Written by Karla Gutiérrez
In the last report of the Ministerio de Hacienda (MH) until march 2024, it was announced that El Salvador collected a total of US$1,798.4 million, which reflects an increase of 10.5% over the same period of 2023 when US$1,627.8 million was registered, which means that currently US$170.6 million more has been collected.