Displaying items by tag: EL SALVADOR

In a television interview, the President of the Banco Central de Reserva, Douglas Rodriguez, specified that violence cost El Salvador around 14% to 19% of the Gross Domestic Product (GDP).

This monday, El Salvador launched the offer to repurchase public debt maturing from 2025 to 2029. This official announcement was made by President Nayib Bukele through the social network X, in the afternoon hours.

According to a report by EFE news agency, the International Monetary Fund (IMF) said thursday that addressing the risks derived from bitcoin, the official currency in El Salvador, is a "key element" of the talks it is having with the government of salvadoran President Nayib Bukele for an economic agreement.

El Salvador recently participated in one of the largest specialized fairs in South Korea. It is the Coffee Expo Seoul, edition 2024, an event dedicated exclusively to the coffee industry.

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According to a Central American economic report by BANCOLOMBIA, it reflects that, during the third quarter of 2023, El Salvador's economy grew 3.6% annually, driven by the deceleration of inflation, household consumption, public and private investment, exports, and the dynamism of the construction and public services sectors.

The Agencia de Promoción de Inversiones y Exportaciones de El Salvador (INVEST), reported that the country is expanding the list of export destinations, opening doors in new international markets to position the entry of salvadoran products.

In the last report of the Banco Central de Reserva (BCR), El Salvador received US$759.7 million in foreign investment (IED) in 2023, which means that it quadrupled, compared to what was received in 2022 that reached US$170.9 million and the highest registered during the first five years of Bukele's administration.

On behalf of our country, the Vice Chancellor of the Republic, Adriana Mira, presented today the accession of El Salvador to the Convention on the Service Abroad of Judicial and Extrajudicial Documents in Civil or Commercial Matters, during a ceremony held at the headquarters of the Ministry of Foreign Affairs of the Netherlands, in its capacity as depositary State of such instrument.

The 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.