Tuesday, 08 November 2022 16:14

Commission in favor of BCR to extend Business Statistical Solvency

Written by Evelyn Alas

The deputies of the Economy Commission issued a favorable opinion to reform the Commercial Registry Law with the purpose of continuing modernizing the services that public institutions provide to salvadorans, through the use of new technologies.

The initiative approved by the legislators, at the request of the Executive, seeks to modify article 107 of the current regulations that seeks to grant the Banco Central de Reserva (BCR) the power to extend the Solvency of Registration of Statistical Information of Companies and that it can do so through digital platforms, which would expedite the obtaining of the document.

During the study of the proposal, the legislators received technical contributions from the head of the BCR, Douglas Rodríguez, who explained that the changes to the regulations respond to the need to modernize the National Statistics System, according to the new information technologies.

"With this reform we will benefit the users of this service, since we will extend the opening hours and strengthen the system with innovative platforms, taking advantage of all the technical capabilities we have", said the official.

The Statistical Solvency is a document that is issued to legally constituted companies (corporations and individuals) as a prerequisite for renewing their commercial registration each year at the National Registration Center.

"This will benefit the population because in the end there will be different ways to access the solvency, the intention is to innovate the National Statistical System", said Congressman Rodrigo Ayala.