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Displaying items by tag: FOVIAL
CABEI reaffirms ties with El Salvador
The Executive President of the Central American Bank for Economic Integration (CABEI), Gisela Sánchez, together with CABEI Director for El Salvador, Alejandro Zelaya, began a mission to San Salvador on monday.
FOVIAL invested US$224.9 million to rehabilitate 7,218.7 kilometers of highway
The Fondo de Conservación Vial (FOVIAL), invested US$224.97 million in highway and rural road rehabilitation projects, generating sources of employment and guaranteeing connectivity for salvadorans.
Fishermen denounce that they do not receive FOVIAL tax exemption benefit
Yesterday fishermen made a complaint to the Defensoría del Consumidor, indicating that they are not receiving the benefit of not being charged Fondo de Conservación Vial (Fovial).
Gas stations that charge FOVIAL contribution to fishermen will be fined 500 minimum wages
The Defensoría del Consumidor in coordination with the Ministry of Finance activated this tuesday an inspection plan in gas stations located in the coastal strip and lakes of the country, to verify compliance with the exclusion of payment of the contribution for the Fondo de Conservación Vial (FOVIAL), in the purchase of fuel for boats with engines dedicated to extractive fishing.
Ministry of Finance issues favorable opinion for US$1 billion securities issue to FOVIAL
The Treasury and Special Budget Committee of the Legislative Assembly issued a favorable opinion to authorize the Fondo de Inversión Vial (FOVIAL) to issue securities in the domestic or international market for up to US$1 billion.