The minister of Finance, Alejandro Zelaya delivered four initiatives to the President of the Legislative Assembly in order to protect the pockets of salvadorans in the face of the international inflationary crisis and cushion the economic cost of the same.

The Superintendencia del Sistema Financiero (SSF), informed that the soundness of the banking sector is reflected in the inter-annual growth of the amounts registered in savings accounts, which from september 2021 to september 22 of the same month of this year, reflects an increase of US$688.2 million.

According to the World Bank, data collected between may and august 2022 indicate high inflation in almost all low- and middle-income countries; 93.3% of low-income countries, 90.9% of lower-middle-income countries, and 93% of upper-middle-income countries have recorded inflation levels above 5%, with many experiencing double-digit inflation.

According to Bloomberg Linea magazine, explains that oil is headed for another week of losses as the world's central banks raise their interest rates to quell inflation. If this is indeed the case, it would be the longest weekly losing streak of the year.