The General Director of Investment and Public Credit of the Ministry of Finance of El Salvador, Marlon Herrera and the deputy director of Budget, Michelle Arce, appeared before the Finance Committee of the Legislative Assembly, to request loans from the Development Bank of Latin America and the Caribbean.

Financial health can be defined as the well-being achieved through a good management of personal, family or business finances in order to be able to face unforeseen events and achieve vital and future goals.

Monday, 12 February 2024 01:51

What is bank interest?

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Bank interest is the monetary amount that is paid or earned on a capital, either accessed through a credit or given to a financial institution as an investment


The Inter-American Development Bank (IDB) approved an $84 million loan to accelerate El Salvador's international insertion in world trade by reducing trade costs, improving trade facilitation, and increasing port efficiency.

This february, the reforms to the Commercial Code will come into effect, which consists in the creation of Sociedades por Acciones Simplificadas (SAS), which may be incorporated by a single person, as opposed to Corporations that required two or more partners, and two thousand dollars to be legally constituted.

Thursday, 08 February 2024 01:46

What is Public Debt?

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The Public Debt is composed of monetary obligations that involve all forms, instruments, securities and documents that commit in the same operation reimbursement of capital, interest payments, commissions and/or other specific charges related to the operation in question, both direct and indirect, contracted by the Non-Financial Public Sector, in domestic and/or foreign currency, whose maturity is greater than one budgetary period (1 year).


The Inter-American Development Bank (IDB) held a high-level dialogue during the 37th meeting of the governors of the IDB member countries of the Central American Isthmus and the Dominican Republic, which took place on february 5 and 6 in Antigua, Guatemala.

Through social networks the Comisión Ejecutiva Portuaria Autónoma (CEPA) confirmed a 20% increase in cargo movement at El Salvador's airport.


The Ministry of Labor and Social Security announced that many employers, including municipalities, pay the legal withholding to the Instituto Salvadoreño del Seguro Social (ISSS), but did not send the withholding of the Social Security System, affecting any retirement process to workers.