The president of the Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL) and director of the Dirección General de Energía, Hidrocarburos y Minas, Daniel Álvarez, explained in an interview that the electric energy tariff will not increase during the next three months.

The Gross Domestic Product (GDP) of Latin America and the Caribbean will only grow 1.4% in 2023 according to William Maloney, chief economist of the World Bank and explains the challenges facing the region.

According to the Instituto Salvadoreño de Turismo (ISTU), thousands of national and foreign tourists crowded the recreational parks, the historic center of San Salvador and the different beaches of the country.

According to the Inter-American Development Bank (IDB), remittances received by Central American countries (Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama) during 2022 will reach US$38.9 billion, marking a new historical high with an annual growth of 16.1%, the highest among all LAC sub-regions in 2022 and still high compared to the average values of 10.4% during the previous ten years.

The main business and industrial associations of the Americas dedicated to the production and processing of sugar, alcohol, corn, sorghum, soybean, vegetable oil and grains, among other products of the agricultural sector, formed the Coalición Panamericana de Biocombustibles Líquidos (CPBIO), with the objective of coordinating the elaboration, promotion and sustainable consumption of these clean energies in the hemisphere.

The economies of Latin America and the Caribbean have been relatively resilient in the face of growing debt pressures, inflation and global uncertainty. But new headwinds from falling commodity prices, rising interest rates in developed countries and China's uncertain recovery could once again cast a shadow over the region's prospects.

Tuesday, 04 April 2023 17:47

Commodity price volatility slows growth

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According to the International Monetary Fund (IMF), in recent years, food and energy prices have risen to near-record highs in the context of the pandemic and war in Ukraine, which have led to major supply disruptions.

The Dirección General de Energía, Hidrocarburos y Minas (DGEHM), informs salvadorans about the reference prices of fuels that present an increase of US$0.05 and US$0.02 in regular and super gasoline, only diesel will have a decrease of US$0.12, the costs per gallon will be in effect from april 04 to april 17, 2023.

The Dirección de Energía, Hidrocarburos y Minas (DGEHMSV), informs salvadorans about the prices of Liquefied Propane Gas for the month of april 2023.