Displaying items by tag: Assembly

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.

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.

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.

The minister of Finance, Alejandro Zelaya, requested the Legislative Assembly (LA) to reallocate US$100 million for the 262 municipalities in the country, so that mayors can meet their obligations. The decree was approved with 79 votes in favor.

The Deputy of Nuevas Ideas and President of the Financial Commission, Dania Gonzalez, informed that the Legislative Assembly enabled a space for citizen consultation to know the opinion about the products and services of the financial system.

The Legislative Assembly reformed “Disposiciones Especiales y Transitorias de Suspensión de Concentraciones Públicos o Privados”, and with 66 votes authorized the realization of some events that comply with the proper biosecurity measures, in order to prevent Covid-19.

The deputies of Bancada Cyan, who are part of the Financial Commission, presented an initiative to reform the Ley del Historial Crediticio in order to protect the data of the users of the financial system and avoid abuses by credit bureaus.

The president of Banco de Desarrollo de El Salvador (BANDESAL), Juan Pablo Durán, informed that next week will be submitted the reform for the subsidy to micro, small and medium enterprises (MSMEs) as part of the support before the increase in the minimum wage for 12 months.

The minister of Health, Francisco Alabí, presented before the Legislative Assembly a decree "Special and Transitory Provisions for the Suspension of Concentrations and Public or Private Events".

The deputies of the Legislative Assembly approved, with 82 votes, an amendment to the 2021 Budget Law, in the area of Housing, for the incorporation of US$2,136,043 from an agreement signed with the European Union.