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MAG and Rural Adelante provide US$24,800 in financing to 34 farming families
Written by Evelyn Alas
The Ministerio de Agricultura y Ganadería (MAG), together with the Rural Adelante program, granted financing of more than US$24,800 and new agricultural technology to 34 families of the Asociación Cooperativa De Producción Artesanal y Comercialización Planta Comunitaria De Compostaje EL TIZATE de Responsabilidad Limitada (ACOMPOST de R.L.), who produce tomatoes in a staggered manner with better results, supplying the demand of the municipality.
MITUR projects revenues of US$8 million for Surf City ISA World Junior Surfing 2022
Written by Evelyn Alas
The Ministerio de Turismo (MITUR), affirms that thanks to the Surf City El Salvador ISA World Junior Surfing Championship 2022 event along with the next WSL Championship Tour event to be held (June 12-20), and the reception of tourists in the country, they project to obtain US$8 million in income.
CABEI approves program to mitigate negative effects of fuel price hikes on the economies of countries in the region
Written by Evelyn Alas
Given the escalation of fuel prices worldwide, the Central American Bank for Economic Integration (CABEI) approved an indicative financing of up to US$800.0 million for the "Temporary Support Program in the Face of Rising Fuel Costs in Founding and Non-Founding Regional Countries".
Are businesses ready to be inspected by undercover agents?
Written by Evelyn Alas
Stores and stalls could be being evaluated by undercover agents of the Defensoría del Consumidor (DC) or the Ministerio de Economía (MINEC), due to the recent reforms presented to the Legislative Assembly.
MAG makes available 20 digital maps for coffee growers
Written by Evelyn Alas
The Ministerio de Agricultura y Ganadería (MAG), makes available to the coffee sector 20 interactive digital maps that show the physical, chemical and fertility properties of the soils in the six coffee mountain ranges of El Salvador.
El Salvador shows 2.7% year-on-year growth in Central America
Written by Evelyn Alas
The Consejo de Ministros de Hacienda o Finanzas de Centroamérica, Panamá y República Dominicana (COSEFIN), presented a report on economic activity, inflation and economic cycles in the region.
S&P downgrades El Salvador's Debt Rating to CCC+
Written by Evelyn Alas
Standard & Poors (S&P), informed that it reduced El Salvador's sovereign risk ratings as a result of the reduction of its "financing options" and "fiscal and external debt vulnerabilities".
In june salvadorans will continue to pay US$11.13 per 25 lb. gas cylinder
Written by Evelyn Alas
Ministerio de Economía (MINEC), informs that the value for the 25 pound gas cylinder will remain at US$11.13 for the consumer during the whole month of june, but with the benefit of the subsidy its value will be US$3.09.
BCR confirms 7% growth in formal employment 2022
Written by Evelyn Alas
The President of the Banco Central de Reserva de El Salvador (BCR), Douglas Rodríguez, said in an interview that, as of February of this year, formal employment grew 7%, that is, 60,192 new jobs.