English 
Español 
Treasury recovered US$131.3 million through tax amnesty
Written by Evelyn Alas
The minister of Finance, Alejandro Zelaya, announced in a press conference that, at the end of november 1 of this year, the tax amnesty resulted in the collection of US$131.3 million, which corresponds to approximately 25,000 taxpayers who applied for the amnesty.
El Salvador exceeds projected number of tourists for 2022 and receives US$2,077 million in foreign currency
Written by Evelyn Alas
According to statistics from the Ministry of Tourism, between january and october, the country received 2 million foreign visitors, which have left the country the amount of US$2,077 million in foreign currency.
Income Tax Refunds for fiscal year 2021 have been delivered in full
Written by Evelyn Alas
The Ministry of Finance informed that the Income Tax (ISR) refunds corresponding to the activities that generated income in the year 2021 have been completed.
Treasury to request US$75 million loan from Development Bank of Latin America
Written by Evelyn Alas
The minister of Finance, Alejandro Zelaya, presented to the Legislative Assembly a request to subscribe a financing operation with the Development Bank of Latin America (CAF).
Infrastructure accounts for 14.2% of total employment in Latin America
Written by Evelyn Alas
According to an analysis prepared by the Inter-American Development Bank (IDB), despite the potential for employment generation, infrastructure subsectors present a significant gap in terms of labor Sistema de Información de Mercados Laborales y Protección Social (SIMS).
Users will be able to open bank accounts with DUI only and without minimum amounts
Written by Evelyn Alas
As part of the efforts made by the deputies of the Financial Commission, next november 29, the reform to Article 20 of the Law to Facilitate Financial Inclusion will enter into effect, so users will be able to open a savings account in commercial banks, cooperatives or savings and loan companies in a simplified manner.
CABEI issues new private placement despite current market conditions
Written by Evelyn Alas
The Central American Bank for Economic Integration (CABEI) has issued another private placement in 2022. This particular issuance was for an amount of US$50 million for a 3-year term, which represents CABEI's 39th issuance in the U.S., reaching a historical aggregate amount of US$4.5 billion equivalent to close to 30% of the Bank's historical issuances.
Economy Commission to invite BCR to study reforms to the Commercial Registry Law
Written by Evelyn Alas
The deputies that make up the Economy Commission received the files for the Reforms to the Law of Commerce Registry for the Banco Central de Reserva (BCR), to issue the Solvency of Registration of Statistical Information of Companies to be studied next week.
El Salvador will not be affected despite simultaneous interest rate hikes
Written by Evelyn Alas
The U.S. Federal Reserve (FED) announced a new interest rate hike. On this occasion, the sixth so far in 2022, it increased by 0.75%.