From january to december 2022 savings accounts grew 10.1%: SSF
Written by Evelyn AlasAccording to the Superintendencia del Sistema Financiero (SSF), as of december 2022, the evolution of savings accounts shows an increase of 10.1%, with a year-over-year growth of US$553.8 million.
CABEI approved US$996 million to El Salvador for strategic projects in 2022
Written by Evelyn AlasContributing to the sustainable development of El Salvador by providing financial support for priority initiatives to improve the quality of life of the population, the Central American Bank for Economic Integration (CABEI) approved a total of US$996 million to its founding member country in 2022 for the development of public sector projects, intermediating resources to the financial sector in support of strategic sectors.
We rarely stop to analyze our personal finances. In many cases, people unconsciously spend every last penny of their fortnight and get into so much debt that they already owe the next one; this causes them to lead a stressed financial life.
Tax revenues closed 2022 with a total of US$6,571 million
Written by Evelyn AlasThe Ministerio de Hacienda (MH) reported that during 2022, from january to december, they accounted for US$6,571 million in revenues from taxes and contributions. The total indicates that there was an increase of US$737.4 million, equivalent to 12.6% more.
Country exceeds foreign visitor projection from december 2022 to january 2023
Written by Evelyn AlasThe more than 1.7 million tourists from different countries of the world that arrived to El Salvador in 2019, the pre-pandemic year, were surpassed at the end of october, 2022, confirmed the Ministry of Tourism.
Undeniable changes in the labor market call for more resilience
Written by Evelyn AlasThe COVID-19 pandemic has impacted everyone's lives and its effects on employment have lingered in Latin American and Caribbean (LAC) countries for almost two years.
Do you already have your New Year's resolutions ready? How about making some of them financial? Here are some options.
Guidelines to keep your finances safe in the New Year
Written by Evelyn Alas1. Take advantage of the opportunities at hand: If you saved money in a fund during the year, use it when buying school supplies. Another alternative is to check the rewards or cash points granted by credit cards, because they can be extra money that helps a lot in the resolutions.
CIEX El Salvador has authorized more than 2 thousand export applications
Written by Evelyn AlasThe Centro de Trámites de Importaciones y Exportaciones in compliance with its powers to facilitate, streamline and simplify foreign trade procedures, since september 16, 2022, has authorized more than 2 thousand applications quickly and effectively.