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.

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.