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Gallon of super gasoline to cost almost US$5, regular and diesel to rise up to US$0.28
Written by Evelyn Alas
The Dirección General de Energía, Hidrocarburos y Minas (DGEHM), informs salvadorans that fuel prices have risen for the second consecutive week and this time in the case of premium gasoline will increase up to US$0.17 per gallon, effective from august 22 to september 4.
Large families use a variety of strategies to save and live better. Optimizing, prioritizing and choosing expenses is key.
August vacations brought US$90 million in foreign exchange to El Salvador
Written by Evelyn Alas
The Ministerio de Turismo (MITUR) provided a balance sheet explaining that during the August vacation season, El Salvador was expected to receive more than 75 thousand visitors, but the number increased by 15%, that is, it welcomed 90 thousand tourists.
CENADE becomes Dirección General de Subsidios benefiting more salvadorans
Written by Evelyn Alas
The Ministry of Finance is calling the Salvadoran population that has the benefit of the liquefied gas subsidy that now the Centro de Atención y Administración de Subsidios (CENADE) will become the Dirección General de Subsidios (DGS).
18% of the corn planting in El Salvador has been lost
Written by Miguel Crespín
Luis Treminio President of the Cámara Salvadoreña de Pequeños y Medianos Productores Agropecuarios (CAMPO), spoke in a television interview about the current situation of agriculture in El Salvador, mentioning that the sector is in trouble.
CEL and IDB to bring electricity to 5 communities that still lack it
Written by Evelyn Alas
The team of the Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL), visited 5 communities that do not have electricity in five departments of the country, to join the meaningful consultation, as part of the Universal Energy Access Program.
Carriers expect an increase in freight rates due to higher fuel prices
Written by Evelyn Alas
The President of the Asociación Salvadoreña de Transportistas Internacionales de Carga (ASTIC), Raúl Alfaro, explained in a radio interview that projections for fuel prices for next week are for a possible increase of US$0.28 per gallon.
El Salvador's country risk drops an average of 11 points between may and july 2023
Written by Evelyn Alas
According to the Country Situation 2023 report by the Universidad Francisco Gavidia (UFG),El Salvador has shown a drop of 11 points in its Country Risk rating in Latin America, that is, it fell from 13.28 points in may 2023 to 9.35 points as of july 31, 2023.
Potential decline in high construction prices
Written by Evelyn Alas
The global economic scenario is witnessing a complex and constantly evolving dynamic. One of the most relevant news has been the recent drop in the prices of copper and other base metals, whose epicenter lies in the changing demand prospects of China, the world's leading consumer nation.