Tuesday, 08 February 2022 03:52

Fuels to increase US$0.21 for this fortnight

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The Ministerio de Economía (MINEC), informs salvadorans that fuel prices will increase US$0.21 and US$0.17, effective from february 8 to 21, 2022.

Salvadorans who have debts with the Administración Nacional de Acueductos y Alcantarillados (ANDA), still have until march 23rd to benefit with 40% of the cancellation of arrears and surcharges of their debt, and thus, bring their account with the institution up to date.

Saturday, 05 February 2022 01:36

The tax collection goal for 2022 is US$2.5 billion

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The minister of Finance, Alejandro Zelaya, informed salvadorans that the institution expects to collect US$2.5 billion in Income Tax (ISR), and in terms of refunds it could be around US$35 to 40 million.

Friday, 04 February 2022 17:24

Fuel prices to rise sharply next fortnight

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Fuel expert, Julio Villagrán, informs salvadorans that for next monday, february 8, fuel prices will present a possible increase of US$0.15 per gallon in premium gasoline, regular and diesel.

The President of the Republic, Nayib Bukele, announced the implementation of 10 boosts for the country's economy, which will allow salvadorans to be the main beneficiaries of El Salvador's economic growth and social development.

The Ministry of Economy (MINEC), announced the new variations in the prices of Liquefied Propane Gas (LPG), which will be in effect from today tuesday, february 1st until monday, february 28th.

Tuesday, 01 February 2022 01:51

IMF says El Salvador's economy will grow 3.2% in 2022

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According to a report by the International Monetary Fund (IMF), El Salvador's economy will grow by 3.2% in 2022, due to robust external demand, resilient remittances, and solid pandemic management.

Saturday, 29 January 2022 19:16

ECLAC expects world economy to grow by 5% in 2022

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A special report prepared by the Economic Commission for Latin America and the Caribbean (ECLAC), indicates that after the 3.2% drop in Gross Domestic Product (GDP), which took place in 2020, the world economy is expected to grow by 6% in 2021 and 5% in 2022.

The head of the Ministry of Housing, Michelle Sol, highlighted that the institution has invested US$366 million in different programs to facilitate access to a safe roof.