The minister of Finance, Alejandro Zelaya, together with the director general of Customs Samadhy Martinez, presented to the Fiscalía General de la República (FGR) 3 notices of the Plan Antievasión, Anticontrabando, and a US$9.5 million denunciation.

Friday, 24 September 2021 02:26

NINIS represent 26% of salvadoran working age youths

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The study conducted by the EMPLEA-T Project "young people with Fair and Secure Work" indicates that young people who neither work nor study (known as NINI) represent an important segment of the population. During the last five years on average, NINI youth have represented 26% of all youth (between the ages of 15 and 29).

The minister of Finance, Alejandro Zelaya, requested the Legislative Assembly (LA) to reallocate US$100 million for the 262 municipalities in the country, so that mayors can meet their obligations. The decree was approved with 79 votes in favor.

Wednesday, 22 September 2021 14:28

Banking reflects growth in deposits and loans

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The most recent report of the Superintendencia del Sistema Financiero (SSF) reflects a bonanza in the use or request of loans and bank deposits.

Julio Villagrán, fuel expert, informed that as of tuesday, september 21, fuel prices will be higher, diesel will increase US$0.07 and gasoline US$0.04.

Sunday, 19 September 2021 03:53

Producer prices increase: DIGESTYC

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According to La Dirección General de Estadística y Censos (DIGESTYC), producer prices increased during august 2021, this is due to multiple factors that are generating hikes in finished products.

The Ministerio de Agricultura y Ganadería (MAG), signed an international agreement to guarantee technological improvement, technical assistance and scientific research, with the objective of improving agricultural production and development.

Friday, 17 September 2021 14:26

Pension reform to take place in october

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Yesterday it was announced on national TV that in mid-october a list of reforms to the Ley del Sistema de Ahorro de Pensiones will be presented to the Legislative Assembly, so that salvadorans can enjoy a decent pension.

The Comisión Nacional de la Micro y Pequeña Empresa (CONAMYPE) together with the Consejo de Administración de los Fondos provenientes de la Privatización de ANTEL (FANTEL), delivered US$30,000 to the women's cooperative of El Zarzal, Chalatenango.