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Deadline for filing income tax returns is tuesday, may 2
Written by Evelyn Alas
The Ministry of Finance, through the General Directorate of Internal Taxes, calls on taxpayers to file their Income Tax Return through the website www.mh.gob.sv
Arabica coffee prices fall in relatively stable session to US$175.60
Written by Evelyn Alas
According to the Consejo Salvadoreño del Café (CSC), Arabica coffee prices decreased this wednesday in a relatively stable session. The activity revolves around the change of contract to may/23 that will take place next february 17, prices traded in the narrow range of US$3.30. The high for the day was at US$177.60 and the low was at US$174.30.
US$7 billion in foreign currency exports closed 2022: MINEC
Written by Evelyn Alas
The minister of Economy (MINEC), María Luisa Hayem, said that the country has seen an increase in exports compared to previous years.
San Salvador received the most remittances of US$1,580.7 million in december 2022
Written by Evelyn Alas
According to the director of Economic and Fiscal Policy of the Ministry of Finance, Luis Sanchez, explained that the Banco Central de Reserva (BCR) projections, for december of this year we estimate to have US$7,943 million in remittances. That is, US$201 million more than in 2022.
Salvadoran economy could grow 1.3% in 2023 according to economist Mauricio Choussy
Written by Evelyn Alas
In a morning interview, economist and former president of the Banco Central de Reserva (BCR), Mauricio Choussy explained that El Salvador will grow this year, but it will slow down, reaching a Gross Domestic Product (GDP) of 1.3%.
Arabica coffee futures down on speculative selling pressure and dollar appreciation
Written by Evelyn Alas
Arabica coffee prices registered a drop of US$5.10 in the march 23 position. At the base of the market behavior is the speculative liquidation in search of profits.
Prices of regular and premium gasoline increase between US$0.14 and US$0.10 per gallon
Written by Evelyn Alas
The Ministerio de Economía (MINEC), announced the new reference prices of fuels that will be in effect from february 7 to 20, 2023, reflecting an increase of between US$0.14 and U$0.10 in regular gasoline and a slight decrease of US$0.04 in diesel.
Bakery sector expresses concern over rising raw material prices
Written by Evelyn Alas
The bakery sector of the country indicated that they are still concerned due to the substantial increase in the value of butter and flour, raw materials used in the production of consumer products.
Economic measures facilitated savings of US$120 million for propane gas consumers
Written by Evelyn Alas
According to the Ministerio de Economía (MINEC), the economic relief measures promoted by the Central Government since 2022 have generated an estimated savings of US$122.41 million for propane gas consumers.