The Organismo Promotor de Inversiones y Exportaciones (PROESA) informed that a group of compatriots already have their projects underway, including 116 Salvadoreños en e Exterior (SALEX), who have joined the economic and social development of the country through investments.

Deputies of the Financial Commission presented an initiative to reform Article 20 of the Financial Inclusion Law in order to have access to useful and accessible financial products and services that meet the needs of individuals and companies, under an appropriate regulation that guarantees consumer protection.

The National Housing System reports multiple achievements in favor of female heads of household through its different programs. The Fondo Social para la Vivienda (FSV) reports that of the US$435 million approved for loans, 56% are for women.

Monday, 09 May 2022 15:50

Financial tips for starting a small business

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Entering this world for the first time can be a road full of worries, stress and a myriad of situations; all of which can lead to bad decisions.

Through the notices presented by the Minister of Finance, Alejandro Zelaya, on Thursday of Evaders, three representatives of companies and a businesswoman were accused by the Fiscalía General de la República (FGR) for four cases of evasion related to Income Tax and Value Added Tax (VAT).

The Superintendencia del Sistema Financiero (SSF), reports through its Twitter account that banking remains solid, reflecting growth in the amount of loans granted. As of april 29, 2022, an interannual increase of US$1,324.6 million is reported, showing the economic momentum in the country.

The Minister of Finance, Alejandro Zelaya said in a morning interview that, so far they have collected 26% of what the Treasury had planned in tax collection and 33% more tax returns than had been received at this same date last year.

Salvadorans who have not filed their income tax return, have until today to do so. The Ministry of Finance is calling taxpayers to file their tax returns on time, in order to avoid fines and setbacks.

Monday, 02 May 2022 17:32

Tips for healthy business finances

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To implement it correctly, they recommend the following financial management practices, to make it easy to make decisions, planning to achieve goals and actions to implement to start with the administration.