Fuel prices will not increase for the next few weeks in El Salvador

The Ministry of Economy reported that fuel prices, which were eventually to show variations starting this Tuesday, will remain fixed thanks to the application of the Temporary Special Law to Set Maximum Fuel Prices.

The institution reported that the price of Superior gasoline will remain at $4.31 in the Central and Western zones, while it will cost $4.32 in the Eastern zone. Seguir leyendo Fuel prices will not increase for the next few weeks in El Salvador

The price of electricity will be stable this quarter in El Salvador

The price of energy will remain unchanged for the next three months, in compliance with the order given by President Nayib Bukele to prevent households from being affected by increases in the international market.

According to the regulations of the General Electricity Law, the second rate adjustment of the year was scheduled for April. One of the elements that most influences the calculation of rates is the price of a megawatt hour (MW/h), which has risen by up to 89% compared to last year. This predicted a notable increase in the cost of this service. Seguir leyendo The price of electricity will be stable this quarter in El Salvador

President Bukele announces «11 measures against global inflation» to support the Salvadoran economy

President Nayib Bukele announced immediate and medium-term actions in the face of the series of crises that the world is going through, referring especially to the conflict between Russia and NATO.

The Salvadoran president then announced the measures the state would take, calling them «11 measures against world inflation.»
Seguir leyendo President Bukele announces «11 measures against global inflation» to support the Salvadoran economy