Displaying items by tag: EL SALVADOR

According to the report prepared by the Public Policy Observatory of the Universidad Francisco Gavidia (UFG), in the first quarter of 2022, the trade deficit increased to 41.4% and totaled US$2,328 million. This means that purchases made abroad exceeded sales abroad.

El Salvador significantly improved its Emerging Bond Market Index (EMBI), dropping an average of 24 points between july 2022 and may 2023, that is, it fell from 35.12 points to 13.28 points, after salvadoran authorities sought a way to reduce the risk of default, according to a report by the Public Policy Observatory of the Universidad Francisco Gavidia (UFG).

As one of its main objectives is to generate value and positive social impact in the countries where it operates, BAC continues to promote cultural spaces where national artists can showcase their talent and passion for music.

The canadian company Loto, announced its arrival in El Salvador as operator of the Electronic Lottery in the country. The company is established thanks to an agreement signed between the government of El Salvador and the government of Canada.

Fiscal measures and bond payments have improved El Salvador's position and are anticipated to be a good trend in the country.

The month to pamper mom is here, one more month in the year to show her love and what better way to do it than giving her a new smartphone, for which, the largest mobile network, brings great discounts in its traditional Blue Week.

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.