Displaying items by tag: FIREMPRESA Law

The Treasury Commission issued a favorable opinion to reform the Ley de Creación del Fideicomiso de Recuperación Económica de las Empresas Salvadoreñas (FIREMPRESA), with the purpose of facilitating the delivery of the government subsidy to micro, small and medium-sized companies (MSMEs) as an aid before the increase of the minimum wage for one year.

Through the reforms to the Ley de Creación del Fideicomiso de Recuperación Económica de las Empresas Salvadoreñas (FIREMPRESA), the Government proposes to allocate US$100 million to subsidize the increase in the minimum wage of micro, small and medium-sized enterprises (MSMEs).