The Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL), informed that it will invest US$3 million to continue with the Annual Maintenance Program in all hydroelectric power plants.

Through social networks, Cristian Flores, Presidential Commissioner for Strategic Projects, informed that the Central Government is negotiating an agreement with the international online education portal Coursera Inc.

In the 145th plenary session, the deputies approved, with 71 votes, the initiative that will promote the United Nations World Food Program (WFP) in conjunction with the salvadoran government to implement various strategic plans for food and nutritional security.  

A second approval made by the congressmen was the reform to the National Budget Law 2024, in the branch of Economy, with which they intend to incorporate resources destined to finance investment projects, for a value of US$311,653 from external loans from the Inter-American Development Bank (IDB).

In order to promote the use of clean and renewable electric energy in El Salvador, the deputies of the Legislative Assembly, with 70 votes, authorized the Government to sign, for the first time, a loan agreement with the Saudi Fund.

Monday, 19 February 2024 02:39

Managing stress in finance

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Financial stress occurs as a consequence of economic problems that generate anxiety and produce a feeling of vulnerability or scarcity. Good financial health management is essential to prevent this type of stress and its possible negative effects on physical and mental health.

The cryptocurrency Bitcoin reached the value of US$52,000, the highest price recorded since december 2021.

 

The deputies of the Legislative Assembly approved, with 59 votes, that the Salvadoran government sign a loan with the Corporación Andina de Fomento (CAF) for US$75,000,000.00 to finance the "Program for environmental improvement, drinking water and sanitation in the upper basin of the Lempa River (Trifinio) and Puerto de La Libertad in El Salvador".

The Ministry of Finance through the Dirección General de Impuestos Internos (DGII) has gone to different businesses to ensure the issuance of invoices and tax documents, in order to prevent abuses to the population on Valentine's Day.