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Fuel prices increase again in El Salvador, diesel up to US$0.43
Written by Evelyn Alas
The Ministerio de Economía (MINEC), informs salvadorans that the new variations in fuel prices present an increase of US$0.43, US$0.33 and US$0.29 for this fortnight that will be in effect from march 22 to april 04, 2022.
CABEI to make available $150 million to boost regional debt market
Written by Evelyn Alas
The Minister of Finance, Alejandro Zelaya, said in a morning interview, that the Central American Integration Bank (CABEI), will have US$150 million to promote the regional debt market to be invested throughout the region.
Sales of goods manufactured in the country in february left US$614.11 million in revenues
Written by Evelyn Alas
The Banco Central de Reserva (BCR) states in its periodic report that, only during february, the sale of goods manufactured in the country, to multiple destinations, left US$614.11 million in revenues, an increase of 15.6% compared to the same month in 2021.
El Salvador registers 5.7% increase in imports and exports in the first quarter of the year
Written by Evelyn Alas
The Port of Acajutla has mobilized 1,175,330 metric tons of merchandise between january 1 and march 12 of this year, which demonstrates the good work of President Nayib Bukele's government in economic reactivation, despite the pandemic and the crisis generated by the rise in oil prices.
MAG deploys 150 inspectors to verify agroservices do not increase prices of products
Written by Evelyn Alas
Minister of Agriculture and Livestock (MAG), Enrique Parada, said in a press conference that the institution has deployed 150 inspectors nationwide to verify the price of agricultural inputs, they will focus on those areas where the national agricultural production is concentrated.
Congressmen approve reform of the Petroleum Products Regulatory Law
Written by Evelyn Alas
With 62 votes in favor, the deputies of the Legislative Assembly approved the reform of the Law Regulating the Deposit, Transportation and Distribution of Petroleum Products, in order to establish the universal filling system for gas drums, regulate and oversee the import and export, storage, transportation and commercialization of such products.
Salvadorans to pay US$0.28 less for regular and premium gasoline
Written by Evelyn Alas
The Ministerio de Economía (MINEC), informs salvadorans about the new variations in fuel prices that will present a reduction of US$0.28 for regular and premium gasoline, and US$0.10 for diesel, effective from march 14 to 21, 2022.
Salvadorans will be able to buy 20 products of the basic food basket at lower costs
Written by Evelyn Alas
To reduce the impact of global inflation, the Central Government will implement the suspension of import tariffs on 20 basic products for salvadoran families for one year, including: oil and shortening, rice, sugar, onions, chili peppers, fertilizer, black and red beans, corn flour, wheat, milk, yellow corn, white corn, oranges, potatoes, bananas, cabbage, tomatoes, wheat, cereal, and animal feed.
The State will not receive US$24.56 million in FEFE and CONTRANS taxes for 3 months
Written by Evelyn Alas
The President of the Republic, Nayib Bukele, through a national chain announced the implementation of 11 measures in response to global inflation, the first is the suspension for three months of the Fondo de Estabilización para el Fomento Económico (FEFE) tax, US$11.52 million less in taxes that the Government will not receive, and the suspension for three months of the Contribución al Transporte (CONTRANS), which implies US$13.04 million less for the State.