The Banco Central de Reserva de El Salvador (BCR) is hosting the 300th Meeting of the Consejo Monetario Centroamericano (CMCA), which is taking place on february 22 and 23 at the facilities of the Biblioteca Nacional de El Salvador (BINAES), in this meeting the presidents of the central banks of Central America and the Dominican Republic are participating.

Saturday, 24 February 2024 03:22

Housing Ministry seeks new loan from IDB

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The minister of Housing, Michelle Sol, met with representatives of the Inter-American Development Bank (IDB) to discuss aspects related to technical cooperation that will later allow the financing of housing programs at national level, which will be part of the thousands of projects that have been carried out in the sector during almost five years of administration.

The Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL), informed that it will invest US$3 million to continue with the Annual Maintenance Program in all hydroelectric power plants.

Through social networks, Cristian Flores, Presidential Commissioner for Strategic Projects, informed that the Central Government is negotiating an agreement with the international online education portal Coursera Inc.

In the 145th plenary session, the deputies approved, with 71 votes, the initiative that will promote the United Nations World Food Program (WFP) in conjunction with the salvadoran government to implement various strategic plans for food and nutritional security.  

A second approval made by the congressmen was the reform to the National Budget Law 2024, in the branch of Economy, with which they intend to incorporate resources destined to finance investment projects, for a value of US$311,653 from external loans from the Inter-American Development Bank (IDB).

In order to promote the use of clean and renewable electric energy in El Salvador, the deputies of the Legislative Assembly, with 70 votes, authorized the Government to sign, for the first time, a loan agreement with the Saudi Fund.

Monday, 19 February 2024 02:39

Managing stress in finance

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Financial stress occurs as a consequence of economic problems that generate anxiety and produce a feeling of vulnerability or scarcity. Good financial health management is essential to prevent this type of stress and its possible negative effects on physical and mental health.

The cryptocurrency Bitcoin reached the value of US$52,000, the highest price recorded since december 2021.

 

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