Displaying items by tag: EL SALVADOR

Fitch Ratings has upgraded the country's credit rating by 3 levels from CC to CCC+, due to the successful results obtained in the debt repurchase operations and the payment of the bond maturing in early 2023.

The minister of Tourism, Morena Valdez, announced during her participation in the Innovation + Talk 2023 meeting, that El Salvador will host the Centroamérica Travel Market (CATM) in april 2024.

According to the international communication magazine Forbes, only in the year 2022 energy exports had a growth of 1,860%, according to data from the Banco Central de Reserva  (BCR), to nearby countries such as Guatemala and Costa Rica.

The economic development of El Salvador is one of the main areas of work of the Central Government, who implements different strategies to achieve this goal and one of them is the commitment to the development and recovery of tourism in El Salvador, which only at Easter reported the income of millions of foreign currency thanks to the tourists who visited the country.

The Central American Bank for Economic Integration (CABEI), with the support of its Fundación de Apoyo Social (FAS), signed a non-reimbursable financial cooperation agreement with the Republic of El Salvador to carry out the Bicentennial Scholarship Program, which aims to contribute to social welfare and improve access to education for students from the eighth grade of Basic Education until they complete their Vocational Technical High School studies.

Within the framework of the 21st Vaccination Week in the Americas, the Pediatric Society of El Salvador, held a meeting with infectologists, pediatricians, physicians... from various countries, in order to continue making a positive impact in the region, discussing the importance of maintaining good practices regarding immunization against COVID-19.

The minister of Finance, Alejandro Zelaya, announced today that El Salvador will launch the first operation in the Central American Securities Market, which will be executed together with the Central American Bank for Economic Integration (CABEI).

The successful convenience store chain will invest a total of US$5.5 million this year 2023 for the expansion of branches in El Salvador and Panama.

According to the Instituto Salvadoreño de Turismo (ISTU), thousands of national and foreign tourists crowded the recreational parks, the historic center of San Salvador and the different beaches of the country.

There has been a great affluence of tourists, especially foreigners, according to figures from the Tourism Cabinet.