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Gasoline expected to increase up to US$0.10 next week
Written by Evelyn Alas
Julio Villagrán, fuel expert, informed that starting next week fuels are expected to present a strong increase in prices, diesel could increase up to US$0.15 and gasoline up to US$0.10.
IMF and BCR confirm El Salvador's 9% growth by 2021
Written by Evelyn Alas
The International Monetary Fund (IMF) confirmed today that El Salvador's economy will have an economic growth of 9% this year, which reaffirms the Banco Central de Reserva (BCR) projection made last august.
CASALCO to hold fair for the purchase of new houses and apartments
Written by Evelyn Alas
The Cámara Salvadoreña de la Industria de la Construcción (CASALCO) in alliance with the main real estate development companies, banking institutions, and the Fondo Social para la vivienda (FSV) will hold the " Feria de Vivienda Challenge 2021", a space where the housing proposals available in different areas of the country will be exhibited.
IMF estimates inflation to continue until mid-2022 before returning to pre-2020 levels
Written by Evelyn Alas
According to a blog published by the International Monetary Fund (IMF), representatives Francesca Caselli and Prachi Mishra say that the economic recovery has spurred a rapid acceleration in inflation this year in advanced and emerging market economies, driven by robust demand, tight supply and rapidly rising commodity prices.
Business and consumer confidence in the economy declines
Written by Dinero Staff
The Índice de Confianza Empresarial (ICE) conducted by the Fundación Salvadoreña para el Desarrollo Económico y Social (FUSADES) decreased to 117.2 in september, compared to the peak of 133.5 in march 2021.
Salvadorans will have 60 days to pay their taxes in 7 installments
Written by Evelyn Alas
The Legislative Assembly (AL), approved yesterday with 70 votes a Ley Especial y Transitoria that grants Facilities for the Voluntary Compliance of Tax and Customs Obligations, known as tax amnesty, which seeks to forgive fines, interest and surcharges when paying taxes.
Losses in small businesses due to social networks downtime
Written by Evelyn Alas
In El Salvador, small businesses were affected due to the global fall of social networks, many of them sell or offer their products through WhatsApp, Marketplace, Messenger or Instagram.
167 establishments have joined the campaign “Aquí se respeta a los consumidores”
Written by Evelyn Alas
167 establishments in shopping malls, hotels and restaurants now have a stiker under the slogan “Aquí se respeta a los consumidores”, as part of the compliance with 8 legal provisions launched by the Defensoría del Consumidor (DC).
Premium and regular gasoline to decrease up to US$0.02 and diesel to increase up to US$0.09
Written by Evelyn Alas
The Ministry of Economy, (MINEC), informed that premium and regular gasoline will decrease between US$0.01 and US$0.02 and diesel will increase between US$0.08 and US$0.09 in the three zones of the country, the variation will be in effect from october 5 to 18.