With more than 700 infections through the Covid-19, El Salvador is in a special quarantine that ends on May 21st, and includes strict rules of circulation and paralysis of economic activity, a situation that, for the European Union ambassador, Andreu Bassols, will impact more strongly on the most vulnerable sectors of the population, and therefore he proposes the creation of social policies that provide these people with a means of life.
Productive activity was reduced by 75% for entrepreneurs in Latin America and the Caribbean due to the pandemicWritten by Sandy Velasco
According to the latest study conducted by the Inter-American Development Bank (IDB) and Prodem, eight out of ten entrepreneurs in 19 countries are being heavily affected by the economic crisis caused by the Covid-19 pandemic.
Conamype President Paul Steiner explained that the institution is awaiting the US$50 million, funds from the US$2 billion approved from the emergency fund to counter the Covid-19 pandemic in the country.
Hugo, the region's leading home delivery platform for a variety of products and services, increased the income of its delivery partners, known as Hugos, by up to 50% so that their economy does not suffer during this crisis because of the Covid-19 and they can support their families.