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Commission issued two opinions for the Government to subscribe loans with CABEI and CAF
Written by Evelyn Alas
The Treasury and Special Budget Commission issued two opinions in favor of the Executive Branch subscribing a loan with the Central American Bank for Economic Integration (CABEI) and the Corporación Andina de Fomento (CAF).
MOP receives bidding offers for the supervision of the Francisco Morazán viaduct
Written by Evelyn Alas
The Ministerio de Obras Públicas (MOP), is moving forward with the mega-project to widen the Panamerican Highway from Las Delicias, in Santa Tecla, to San Juan Opico and the construction of the Francisco Morazán viaduct, the modern overpass that will reduce costs and travel times to the west of the country.
Commission in favor of creating a law that will increase salvadoran pensions by 30%.
Written by Evelyn Alas
The Ad Hoc Commission issued favorable opinions to the Law for the creation of the del Instituto Salvadoreño de Pensiones (ISP) and the Special Law for the Issuance of Pension Obligations Certificates and Dissolution of the Fideicomiso de Obligaciones Previsionales (FOP).
Treasury has recovered US$800 million with the Anti-evasion Plan by 2022
Written by Evelyn Alas
The Anti-evasion Plan is the main strategy oriented to improve the revenue level in a progressive manner, where each taxpayer fulfills its responsibility according to the law and its capabilities.
US$6 million investment to launch Electronic Invoicing System
Written by Evelyn Alas
The Ministry of Finance launched the Electronic Invoicing System, a tool that will facilitate the payment of tax obligations to taxpayers and a better control over tax evasion through digital technology, putting El Salvador at the forefront of efforts in the region to modernize tax systems.
Discretionary spending by affluent cardholders grew 143.6% in 2022 in El Salvador
Written by Evelyn Alas
The Mastercard Economics Institute today released its annual forecast for the coming year, which shows how a new multi-speed global economy will affect growth and consumer spending behavior.
Seeking to strengthen tools to collect, disseminate agricultural market price information
Written by Evelyn Alas
The objective of the Organización de Información de Mercados de las Américas (OIMA), whose technical secretariat is provided by the Instituto Interamericano de Cooperación para la Agricultura (IICA) is to encourage networking among the different regions of the hemisphere to promote activities that disseminate market price information on agricultural products efficiently and with the support of digital technologies.
El Salvador's airport has handled 3,143,481 travelers this year
Written by Evelyn Alas
The strategies promoted by the Central Government continue to give excellent results to El Salvador, which has positioned itself in the eyes of the world as a safe country and international tourist destination.
CEPA to receive US$6.3 billion for the construction of the Pacific Airport
Written by Evelyn Alas
Congressmen approved, with 64 votes, to amend the 2022 Budget Law to authorize the Ministerio de Hacienda to redirect US$6.3 billion in the budget of Comisión Ejecutiva Portuaria Autónoma (CEPA).