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Congressmen will extend until 2026 the law that allows for a better price for the basic food basket
Written by Karla Gutiérrez
The Economy Committee issued a favorable opinion to extend until march 31, 2026 the Special Transitory Law to Combat Inflation of Basic Prices, with the purpose of allowing salvadorans to continue obtaining at a good cost the products of the basic food basket.
Exports of goods recovering slowly; services on the rise
Written by Karla Gutiérrez
During a television interview, the President of the Corporación Salvadoreña de Exportaciones (Coexport) Silvia Cuellar, commented on El Salvador's exports of goods and services.
U.S. inflation reaches 3.2% and leaves a slim chance of lowering interest rates
Written by Karla Gutiérrez
The consumer price index (CPI) in the United States rose to 3.2% in february at a year-on-year rate, while compared to the previous month it increased by 0.4%, higher than analysts' expectations and below the 2% target set by the Federal Reserve (Fed).
MINEC and World Bank to invest US$150 million in training for vulnerable population
Written by Karla Gutiérrez
In a radio interview, the minister of Economy, María Luisa Hayem, informed that together with the World Bank, they will implement an employability project to improve access to employment opportunities and skills development for the vulnerable population, through an integrated approach for the incorporation of people into jobs or businesses.
FAO food price index decreases again in february
Written by Karla Gutiérrez
The Food and Agriculture Organization of the United Nations (FAO) reported that the benchmark indicator of world food commodity prices had declined for the seventh consecutive month in february, as lower international quotations for all major cereals more than offset higher prices for sugar and meat.
Finance Commission approves income tax exemption for foreign entrepreneurs
Written by Karla Gutiérrez
This monday, the Finance Commission of the Legislative Assembly approved an opinion for the reform to the "Income Tax Law to encourage national and foreign investment, essentially in the financial sector", exempting from the tax all movement of international capital entering the country.
Pound of Robusta coffee in the international market closed at US$1.82 in february, the best price in 17 years
Written by Karla Gutiérrez
According to the coffee market report, february 2024, of the International Coffee Organizatio Organización Internacional del Café (OIC), the pound of coffee in the international market closed at US$1.82 last month, which indicates that it has been the best price in 17 years.
The first paycheck can be the best thing that has happened in our lives, because we feel that we can buy what we have always wanted, whether it is a laptop, a TV bigger than your room, change your cell phone for a more advanced one to dazzle your friends at work or your partner, in short ... the first thing we think is to indulge ourselves and spend it all.
Economic tips to save money during Easter vacations
Written by Denis Muñoz
Easter is coming and so is the time for vacations, that's why we share with you these tips to save money during this fun time of the year.