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Displaying items by tag: economic growth
MOP to invest US$1.51 billion in public works to boost salvadoran economy
The President of the Republic, Nayib Bukele, announced the implementation of 10 boosts for the country's economy, which will allow salvadorans to be the main beneficiaries of El Salvador's economic growth and social development.
World Bank forecasts economic growth to fall in 2022
The World Bank (WB), in a recent economic and global outlook report indicates that regional economic growth was 6.7% and expects this figure to decrease by 2.6% in 2022 and 2.7% in 2023.
Economy expects job recovery to drive economic growth of 10.3% by the end of 2021
The minister of Economy, Maria Luisa Hayem, in a morning interview explained that the recovery of jobs will help the country's economic growth during the closing of 2021 with 10.3%.
ECLAC updated its economic growth report and indicates that El Salvador will increase 7.5%.
The Comisión Económica para América Latina y el Caribe de la Organización de las Naciones Unidas (CEPAL), indicated in a report updating the economic growth for El Salvador and the region that will rise to 5.9% this year, due to a rebound effect after the sharp drop caused by the Covid-19 pandemic.
Remittances, exports and VAT collection are the main factors of economic growth in the country: ANEP
The Executive Director of the Asociación Nacional de la Empresa privada (ANEP), Leonor Selva, and the Economic manager of this institution, Waldo Jimenez, gave a biannual report detailing the factors that will make a possible economic growth of 9% by the end of 2021.