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US$0.81 per gallon of diesel rises for this fortnight
Written by Evelyn Alas
The Ministerio de Economía (MINEC), informs salvadorans the new fuel prices that will be in effect from tomorrow april 5 to April 18, 2022, presenting an increase of US$0.81 in diesel and U$0.48 in regular gasoline.
BCR forecasts private investment of US$2.2 billion in 2022
Written by Evelyn Alas
The President of the Banco Central de Reserva (BCR), Douglas Rodriguez, said in a morning interview that the institution foresees an investment by private companies of US$2.2 billion by 2022.
25 lb. gas cylinder to remain at US$11.13 in april
Written by Evelyn Alas
The Minister of Economy, María Luisa Hayem, and the President of the Defensoría del Consumidor, Ricardo Salazar, informed that in view of the world inflation for the month of April the prices of Liquefied Propane Gas (LPG), will be maintained and for the presentation of the 25 pound gas cylinder will always be US$11.13 to the consumer.
BCR forecasts salvadoran economy to grow 3.2% in 2022
Written by Evelyn Alas
The President of the Banco Central de Reserva de El Salvador (BCR), Douglas Rodriguez, said this morning at a press conference that the institution projects an economic growth for 2022 of 3.2%.
Consumer prices of seafood, oils, fruits, fertilizers and fuels increased 0.79% as of february 2022
Written by Evelyn Alas
The Dirección General de Estadísticas y Censos (DIGESTYC), states in its Índice de Precios al Consumidor (IPC) report, in february 2022 was 120.3, registering an increase of 0.79%, said variation is 0.17 percentage points higher with respect to the result of january 2022.
Ministry of Labor seeks to establish labor market in Spain, Italy and Qatar
Written by Evelyn Alas
The minister of Labor, Rolando Castro, informed in a morning interview that the trip made by the institution to the International Labor Organization (ILO), in Genova Switzerland, has the objective of looking for new jobs in Spain, in addition to other labor markets such as Italy and Qatar.
The President of the Asociación de Transportes de Carga, ASTIC, Raul Alfaro, pointed out that despite the measures taken in order to reduce the prices of the basic food basket, the transportation of the same could increase prices.
VAT exemption for the purchase of improved seeds and agricultural inputs approved
Written by Evelyn Alas
With 75 votes, parliamentarians approved transitory provisions to free the Ministerio de Agricultura y Ganadería (MAG) from paying Value Added Tax (VAT) on the purchase of improved bean seeds, corn, agricultural inputs, transportation and logistics as part of the Family Agriculture Program and Agricultural Packages.
Bitcoin continues to rise and U.S. sovereign bonds drop
Written by Evelyn Alas
According to Bloomberg news outlet Bloomberg, equity markets are on a positive trajectory since the open, but sovereign bonds are heading in the opposite direction as investors unwind their positions on the prospect of slower economic growth.