Institution Cites Economic Acceleration, Low Inflation, and Positive Fiscal Performance. Seguir leyendo JP Morgan Upgrades El Salvador’s Growth Forecast to 3.9% for 2023.
The Banco Central de Reserva (BCR) has proudly announced that it has been honored with the prestigious Diamond Award for Excellence and Quality by the European Society for Quality Research (ESQR). This accolade recognizes and highlights the finest practices, commitment to quality culture, and remarkable achievements made by companies worldwide, irrespective of their industry, size, or geographical location. Seguir leyendo BCR Receives International Award for Excellence and Quality from ESQR.
Capital Finance International (CFI), the European magazine specializing in economics, finance, and business, has awarded the title of Best Central Bank of Central America 2023 to the Central Reserve Bank of El Salvador (BCR). Seguir leyendo Banco Central de Reserva de El Salvador Recognized as the Best Central Bank in Central America.
In the last year, international media highlight the performance of El Salvador’s sovereign bonds, attributing their success to the effective strategies implemented by President Nayib Bukele’s current government. Seguir leyendo El Salvador’s Sovereign Bonds Shine in International Markets Under President Nayib Bukele’s Leadership.
Improved Risk Perception Reflects a Paradigm Shift and Gradual Recovery of Confidence in El Salvador Seguir leyendo El Salvador’s Country Risk Drops by 40% in the First Half of 2023.
El Salvador’s Minister of Finance, Alejandro Zelaya, has stated that the regional debt market has the potential to become a financing channel to drive development projects. Seguir leyendo Regional Debt Market As A Promising Financing Avenue For El Salvador.
El Salvador’s economic outlook appears exceedingly promising as the nation gears up for another notable increase in its index. The absence of sellers in the market and consistent bid-side improvements point to a thriving economy. Seguir leyendo El Salvador’s Economic Outlook Shines Bright as Index Surges.
In recent years, the government of President Nayib Bukele has garnered support and confidence from multilateral organizations, such as the Central American Bank for Economic Integration (CABEI). These organizations are endorsing and placing their trust in the initiatives driven by President Bukele’s administration, which aim to foster economic and social development for the people of El Salvador. Seguir leyendo CABEI Endorses President Bukele’s Administration for Economic and Social Progress in El Salvador
Bandesal, the state-owned bank, will channel $100 million in funds from the Inter-American Development Bank (IDB) to benefit around 4,000 Mipymes (micro, small, and medium-sized enterprises). Seguir leyendo Bandesal to Inject $100 Million into Mipymes.
The representative of the Latin American Development Bank in El Salvador, Óscar Avalle, has reiterated his congratulations to the country for the upward trend in credit ratings by Fitch Ratings and S&P Global Ratings. Seguir leyendo El Salvador’s Credit Ratings Continue to Rise, Bolstered by Government Efforts for Sustainable Development.