Displaying items by tag: loan

Deputies issued a favorable opinion to ratify the US$75 million Loan Agreement signed with Corporación Andina de Fomento (CAF) called Program for the Transformation of El Salvador's Business Climate through Trade and Investment Facilitation.

1) Make a detailed evaluation of the current financial situation of your business: It is important to know in detail the income, expenses and debts, as well as the capacity to generate income in the future. In this way, you can establish a realistic payment plan according to your company's payment capacity.

The Central Government, through the Ministry of Finance, requested the Legislative Assembly to approve a Guarantee Contract that endorses the Loan agreed between the Banco de Desarrollo de la República de El Salvador (BANDESAL) and the Inter-American Development Bank (IDB).

In their working session, the deputies of the Finance and Special Budget Commission issued a favorable opinion to authorize the Executive Branch of the Treasury to allow the Banco de Desarrollo de la República de El Salvador (BANDESAL)  to subscribe a loan with the Inter-American Development Bank (IDB).

Bonds are a type of guarantee to comply with any legal, valid and economic obligation derived from contracts where a term, characteristics, amounts and quality are agreed upon, entered into between government entities or individuals.

The plenary of the Legislative Assembly will vote on a favorable opinion issued by the Finance Committee to authorize the Executive Branch, through the Ministry of Finance, to subscribe a loan of up to $100 million with the Inter-American Development Bank (IDB).

The minister of Finance, Alejandro Zelaya, presented to the Legislative Assembly a request to subscribe a financing operation with the Development Bank of Latin America (CAF).

Authorities of the Central American Bank for Economic Integration (CABEI) and the Ministry of Finance (MH) signed a loan agreement for US$200 million to support El Salvador in implementing the necessary measures to reduce the impact of fuel price increases on the pockets of salvadorans.

The commissioner of Strategic Projects of the Presidency, Cristian Flores, said this morning in an interview that they have held a series of meetings where they are negotiating a loan with an interest rate of 0.05%, for the expansion of the Port of Acajutla.

The deputies of the Financial Commission presented three pieces of correspondence, in which they presented the initiatives to reform the Law Against Usury, the Civil Code and the Commercial Code.