Displaying items by tag: Treasury
Treasury surpasses 2023 Income Tax filing goal
The Ministry of Finance has announced that it has successfully surpassed the goal established for the filing of Income Tax returns for the year 2023, managing to receive a total of 811,473 returns as of april 30, which represents an increase of 12% over the target figure previously established by the institution.
Through march Treasury has collected US$1,798.4 million in taxes
In the last report of the Ministerio de Hacienda (MH) until march 2024, it was announced that El Salvador collected a total of US$1,798.4 million, which reflects an increase of 10.5% over the same period of 2023 when US$1,627.8 million was registered, which means that currently US$170.6 million more has been collected.
Treasury launches call for proposals for Human Capital Formation Program 2024
Students and professionals interested in improving and applying their knowledge in Tax and Customs matters may now apply to the new edition of the Human Capital Training Program 2024, which is run by the Ministry of Finance.
Assembly approves that Treasury may subscribe a loan with the BIRF for up to US$150 million
In an ordinary plenary session, the deputies approved a loan agreement for up to US$150 million, signed with the Banco Internacional de Reconstrucción y Fomento, BIRF in order to execute El Salvador's Resilient Transportation and Infrastructure project.
Treasury indicates that US$1.3 billion will be paid at maturity and US$1.5 billion will be restructured under ABANSA proposal
In the interview Frente a Frente, Minister of Finance, Jerson Posada, detailed that the total short term debt amounts to US$2.8 billion; and although he assured that this debt will always be paid, he explained that US$1.5 billion will be included in the restructuring of terms offered by ABANSA (Asociación Bancaria Salvadoreña).
Treasury and the DGII continue to carry out operations to combat tax evasion
The Ministerio de Hacienda, through the Dirección General de Impuestos Internos (DGII), continues to develop actions to combat tax evasion throughout the salvadoran territory.
Treasury approved to manage credit to carry out liability management operations
The deputies of the Treasury Commission issued a favorable opinion regarding the approval of the "Special Law that authorizes the execution of liability management operations for the conversion of short term debt to medium and long term debt".
Treasury and CABEI will soon launch first US$50 and US$70 million bonds
The Minister of Finance, Alejandro Zelaya, said in an interview that a few months ago El Salvador won the seat of the Regional Debt Market where it will integrate the stock exchanges of the other countries.
Treasury reports US$3.114 billion in tax collections as of may 28th
The minister of Finance, Alejandro Zelaya said this morning in a morning interview that the institution has achieved the tax goals at the level of Income and Value Added Tax (VAT) revenues, only up to may 28, 2023, US$3,114 million have been registered.
Tax collection has exceeded 10% more than projected: Treasury
The minister of Finance, Alejandro Zelaya, tax collection has been on the right track; up to april 18, tax revenues have behaved as the institution had planned within the budget.