Central Government favored an estimated savings of US$585 million to consumers
Written by Evelyn AlasDuring 2022, the Government subsidized the purchase of fuels to prevent a drastic escalation in commodities. From march 2022 until the end of this year, the Government favored an estimated savings of US$585 million to consumers through price containment in diesel, regular gasoline, premium gasoline and liquefied petroleum gas (LPG).
MAG delivers fertilizers to wetland producers in Suchitoto
Written by Evelyn AlasThanks to the donation made by the People's Republic of China to the Government of El Salvador, the Ministerio de Agricultura y Ganadería (MAG) began the distribution of 6,553 quintals of fertilizers for the direct benefit of farmers who produce in wetlands, irrigation districts and with access to other water resources.
For 5 months exports have fallen point to point according to economist
Written by Evelyn AlasAccording to economist and former President of the Banco Central de Reserva (BCR), Carlos Acevedo, explained in a morning interview that in El Salvador since the last quarter of last year exports have fallen and the first two months of 2023 have shown data that have also fallen.
More than 45 thousand women and youth will benefit from agro-productive programs
Written by Evelyn AlasThe optimal development of women and youth to achieve economic autonomy and empowerment through the agricultural sector is one of the purposes of the Mujeres y Agricultura Program, launched today by the minister of Agriculture and Livestock, Oscar Guardado, at the Cooperativa Llano Largo, in Sonsonate.
US$0.04 will increase the price of regular and premium gasoline in the next few days
Written by Evelyn AlasThe Dirección General de Hidrocarburos y Minas (DEHM), informs salvadorans the new reference prices for the next days, which present an increase of US$0.04 for each gallon to be consumed from march 21 to april 03, 2023.
Price of the basic urban basket as of january 2023 increased US$31.59 and the rural basket US$30.13
Written by Evelyn AlasThe director of the Centro para la Defensa del Consumidor (CDC), Danilo Perez, explained that in january 2021 the basic food basket in the urban sector cost US$199.24, in january 2022 it cost US$213.43 and by january 2023 it increased to US$245.02, and the last price of the urban one has just been updated to US$249.70.
Turkey meat and eggs approved for inclusion in the list of duty-free products
Written by Evelyn AlasIn order to continue guaranteeing food security for the population, deputies reformed, with 77 votes, the Special Transitory Law to Combat Price Inflation of Basic Products, in order to incorporate turkey meat and eggs to the list of products that enter El Salvador duty free.
IICA, FAO and SIECA negotiate US$148 million in business for Latin American companies
Written by Evelyn AlasAs a result of six virtual business rounds, 3,248 companies from Latin America and the Caribbean were able to establish appointments and their respective business intentions for US$148 million, since the first of these meetings in 2020.
Arabica coffee prices rise slightly in volatile session
Written by Evelyn AlasAccording to the Consejo Salvadoreño del Café (CSC), Arabica coffee prices rose slightly this monday; however, the range of activity was wide, with a minimum at $173.25 and a maximum at US$180.80.