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El Salvador registered a GDP growth of 11.7% in the third quarter of 2021 and the projection remains at 10.3%.
Written by Evelyn Alas
The Banco Central de Reserva de El Salvador (BCR), provided an economic balance in which it announced that the Gross Domestic Product (GDP) in the country registered a growth of 11.7% in the third quarter of 2021.
Financial Institutions will remain closed on december 25 and january 1 for Christmas Holidays
Written by Evelyn Alas
The Superintendencia del Sistema Financiero (SSF), invites salvadorans to carry out their financial procedures or operations in time, since banks, cooperatives and savings and loan companies will be closed for Christmas holidays on december 25 and january 1, 2022.
Fuel expert reports that gasoline could drop US$0.10 next monday
Written by Evelyn Alas
Fuel expert, Julio Villagran, reports that by next monday the last decrease in the prices of premium gasoline, regular and diesel will possibly be announced, having a decrease of at least US$0.10.
Defensoría del Consumidor has recovered US$19 million and benefited 222,859 consumers by the end of 2021
Written by Evelyn Alas
The President of the Defensoría del Consumidor, Ricardo Salazar, informed that the institution has recovered more than US$19.5 million, benefiting 222,859 consumers, according to the summary of results of the management carried out during the year 2021.
Defensoría and Medicamentos sign cooperation agreement to promote and protect consumer rights
Written by Evelyn Alas
The Defensoría del Consumidor (DC) and the la Dirección Nacional de Medicamentos (DNM), signed an inter-institutional cooperation agreement to promote and protect the rights of consumers.
Ministry of Finance filed 7 new notices for alleged tax evasion cases for US$7.8 million and one for smuggling of goods for US$28 million
Written by Evelyn Alas
The minister of Finance, Alejandro Zelaya, arrived at the Fiscalía General de la República (FGR), to present seven new notices for alleged cases of tax evasion amounting to US$7.8 million between taxes and fines.
CIFI panamanian company finances itself through Securitization in the Salvadoran Stock Market
Written by Evelyn Alas
Series A of the securitization fund of Corporación Interamericana para el Financiamiento de Infraestructura, S.A. (CIFI) was successfully placed in the primary market today for US$25 million, which is the first placement of a total authorized amount. (CIFI) for US$25 million, which is the first placement of a total authorized amount of the US$100 million issue.
Immigration forecasts that from december 15 to january 2, 2022 more than 350 thousand people will enter or leave the country
Written by Evelyn Alas
The general director of Immigration and Foreigners Affairs, Ricardo Cucalón, informed that for the period from december 15, 2021 to january 2, 2022, it is expected to register "more than 350 thousand people entering and leaving the national territory, a figure that represents an increase of 95% compared to the same period last year".
Ministry of Finance signs US$1 million agreement with CABEI for projects to be executed by CEL and ANDA
Written by Evelyn Alas
The Minister of Finance, Alejandro Zelaya, signed an agreement with the Central American Bank for Economic Integration (CABEI), for an amount of US$1 million to be used for two projects to be executed by the Comisión Hidroeléctrica del Río Lempa (CEL) in 190 schools in the country and the Administración Nacional de Acueductos y Alcantarillados (ANDA) in San Diego and Majahual.