BOLPROS registered business for US $70 million in 2018

BOLPROS registered business for US $70 million in 2018

During 2018, the highest volume of business in the El Salvador BOLPROS Products and Services Exchange was registered in government purchases for an amount of US $58 million in the acquisition of goods and services, US $8 million more than in 2017.

Dinero | 16 / 01 / 2019 | Finances

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The budget 2019 for US $ 6,713 million, and issuance of securities for US $ 1,297 million was approved

The budget 2019 for US $ 6,713 million, and issuance of securities for US $ 1,297 million was approv…

The deputies of the Legislative Assembly approved with 83 votes in favor, the General Budget of the Nation for the year 2019, for an amount of US $6,713 million.

Finances | 27 / 12 / 2018

A political agreement is necessary, "otherwise the default would be inevitable in 2019": FUNDE

A political agreement is necessary, "otherwise the default would be inevitable in 2019": F…

FUNDE said that a political agreement is necessary to authorize a necessary public indebtedness for 2019, otherwise the default would be inevitable at the end of 2019.

Finances | 20 / 12 / 2018

Macroeconomic challenges in El Salvador for pension reform, according to BCR study

Macroeconomic challenges in El Salvador for pension reform, according to BCR study

The Network of Researchers of the Central Reserve Bank (REDIBACEN) presented the results of the "Pension Reform: Main regulatory advances, and macroeconomic challenges" research.

Finances | 14 / 12 / 2018

Government and private sector negotiate US $10.7 million in November through BOLPROS

Government and private sector negotiate US $10.7 million in November through BOLPROS

The total number of businesses registered in the El Salvador BOLPROS Products and Services Exchange during the month of November was US $10.7 million in transactions between government, and private...

Finances | 14 / 12 / 2018

El Salvador's fiscal deficit increases 92.7% due to "excessive spending"

El Salvador's fiscal deficit increases 92.7% due to "excessive spending"

El Salvador's fiscal deficit widened from US $222 million in October 2017, to US $427.9 million in the same month of 2018, which represents an increase of US $205.8 million...

Finances | 11 / 12 / 2018