Legislative Assembly approves Income Tax Law Reforms
Written by Karla GutiérrezOn march 12, 2024, the Legislative Assembly approved with 69 votes in favor the favorable opinion of the Treasury Commission on the initiative to reform the Income Tax Law.
BCR expects salvadoran economy to grow from 3.0% to 3.5% by 2024
Written by Karla GutiérrezThe Banco Central de Reserva (BCR) provided details of the country's economic situation in 2023 and projections for 2024.
El Salvador announced the export of the first container of salvadoran coffee to the U.S.
Written by Karla GutiérrezThe Asociación Cafetalera de El Salvador announced the export of the first container of coffee beans as part of the Chamani project to the company Five Points Trading Corp, from the United States.
VMT warns of penalties for motorists who do not comply with traffic regulations
Written by Denis MuñozThe Viceministerio de Transporte through its social networks warns the population about fines, to motorists who do not comply with the following rules:
The Superintendency of the Superintendencia del Sistema Financiero inaugurated the Global Money Week 2024 under the slogan "Protect your money, secure your future". This event aims to raise awareness among young people about the importance of making informed financial decisions both personally and in the context of the national economy.
CAF loan of US$68 million ratified for the recovery of public spaces and Tejido Social
Written by Karla GutiérrezDuring tuesday's plenary session, the Legislative Assembly approved a loan of US$68 million with the Corporación Andina de Fomento (CAF) to finance the program for the "Strengthening of public spaces for the sustainability of security and the recovery of the Tejido Social in El Salvador", which was signed on march 5, 2024.
Legislative Assembly approves digitization of check cashing
Written by Karla GutiérrezWith the approval of 79 deputies of the Legislative Assembly, El Salvador will be placed at the forefront of the digitization of checks, making it the first country in the region to reduce the disbursement of funds with this type of cancellation.
Hotel corporation explores investment opportunities in El Salvador
Written by Karla GutiérrezRepresentatives of Corporativo AP group, one of the most important in Mexico, are in El Salvador with the purpose of exploring business and investment opportunities that will allow them to set up and operate in the country.
Debt capacity refers to the maximum amount of debt that a person or entity can sustainably assume and pay, considering income, expenses and other financial obligations. It is evaluated by analyzing income, credit history and other financial factors.