Displaying items by tag: EL SALVADOR
What does the repurchase of its foreign debt mean for El Salvador?
The Government of El Salvador launched last monday a public offer for the repurchase of its bonds maturing between 2025 and 2029, amounting to some US$1,749 million.
Investment to combat violence cost El Salvador between 14% and 19% of GDP
In a television interview, the President of the Banco Central de Reserva, Douglas Rodriguez, specified that violence cost El Salvador around 14% to 19% of the Gross Domestic Product (GDP).
El Salvador launches foreign debt buyback offer
This monday, El Salvador launched the offer to repurchase public debt maturing from 2025 to 2029. This official announcement was made by President Nayib Bukele through the social network X, in the afternoon hours.
IMF puts bitcoin as a "key element" in its negotiations with El Salvador
According to a report by EFE news agency, the International Monetary Fund (IMF) said thursday that addressing the risks derived from bitcoin, the official currency in El Salvador, is a "key element" of the talks it is having with the government of salvadoran President Nayib Bukele for an economic agreement.
El Salvador presents its high quality coffee at the largest coffee fair in South Korea
El Salvador recently participated in one of the largest specialized fairs in South Korea. It is the Coffee Expo Seoul, edition 2024, an event dedicated exclusively to the coffee industry.
PedidosYa Plus, PedidosYa's premium service arrives in El Salvador
The leading quick-commerce company presents PedidosYa Plus, a premium service to enjoy different benefits: unlimited free delivery, access to exclusive promotions and other benefits. Subscription can be done quickly and easily from the platform and involves the payment of a monthly fee of US$5.99.
BANCOLOMBIA highlights El Salvador's economic growth during 2023
According to a Central American economic report by BANCOLOMBIA, it reflects that, during the third quarter of 2023, El Salvador's economy grew 3.6% annually, driven by the deceleration of inflation, household consumption, public and private investment, exports, and the dynamism of the construction and public services sectors.
El Salvador expands export destinations to 52 countries
The Agencia de Promoción de Inversiones y Exportaciones de El Salvador (INVEST), reported that the country is expanding the list of export destinations, opening doors in new international markets to position the entry of salvadoran products.
BCR: El Salvador received US$759.7 million in foreign investment in 2023
In the last report of the Banco Central de Reserva (BCR), El Salvador received US$759.7 million in foreign investment (IED) in 2023, which means that it quadrupled, compared to what was received in 2022 that reached US$170.9 million and the highest registered during the first five years of Bukele's administration.
El Salvador joins to international convention on civil and commercial law, in The Hague
On behalf of our country, the Vice Chancellor of the Republic, Adriana Mira, presented today the accession of El Salvador to the Convention on the Service Abroad of Judicial and Extrajudicial Documents in Civil or Commercial Matters, during a ceremony held at the headquarters of the Ministry of Foreign Affairs of the Netherlands, in its capacity as depositary State of such instrument.