Displaying items by tag: Assembly

In an ordinary plenary session, the deputies approved a loan agreement for up to US$150 million, signed with the Banco Internacional de Reconstrucción y Fomento, BIRF in order to execute El Salvador's Resilient Transportation and Infrastructure project.

Published in Finances
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This afternoon, the Legislative Assembly approved in plenary section number 138, reforms to the Law for the Creation of the Fondo Solidario para la Familia Microempresaria(FOSOFAMILIA).

Published in Entrepreneurship

The deputies have approved the financing to carry out the Water Sector Resilience Project in El Salvador, as part of a loan between the Ministry of Finance and the International Bank for Reconstruction and Development.

Published in Politics

A reform to the nation's budget, approved by 73 deputies, was approved to incorporate US$4,038,105 to the Instituto Salvadoreño del Café (ISC). These funds will allow it to begin operations and comply with its institutional goals and objectives, aimed at promoting the development of the coffee sector, which will benefit more than 25 thousand producers.

Published in Economy

Now it will be easier to open a savings account, said Congresswoman Aronette Mencia, with the possible reforms to the Law to Facilitate Financial Inclusion, salvadorans will be able to open their deposit accounts with ZERO amount.

Published in Finances

The Legislative Assembly approved with 79 votes in favor the budgetary reinforcement to deliver close to 600 thousand Agricultural Packages through the Ministerio de Agricultura y Ganadería.

Published in Economy

With 67 votes, the deputies of the Legislative Assembly approved the Law for the Construction, Administration, Operation and Maintenance of the International Airport of the Pacific.

Published in Economy

With 81 votes, deputies approved to reduce part of the Value Added Tax (VAT) percentage that salvadorans pay for the purchase of fuel. The proposal was sent by the President of the Republic, Nayib Bukele, through the Minister of Finance, Alejandro Zelaya.

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With 73 votes, the Legislative Assembly approved reforms to the Law Against Usury, which seeks to curb abusive practices that banks, lenders, pawnshops, among others, have committed against salvadorans.

Published in Finances

The minister of Finance, Alejandro Zelaya, presented to the Legislative Assembly (AL) an initiative that seeks to establish that the Número de Identificación Tributaria (NIT) be the same number of the Documento Único de Identidad (DUI), to facilitate the management of procedures.

Published in Finances
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