The government of El Salvador seeks to provide the business sector with adequate conditions for a good performance against world inflation

The government of El Salvador reported that it seeks to verify that the business sector in the country has adequate conditions to perform well in the face of world inflation.

For this reason, the presidential commissioner for Strategic Projects, Cristian Flores, visits the Ternova company in La Libertad. Continue reading The government of El Salvador seeks to provide the business sector with adequate conditions for a good performance against world inflation

Propane gas will continue at the same price as the first quarter of 2022

The Minister of Economy, María Luisa Hayem, reiterated this Monday that propane gas in May will remain at the same value as the first quarter of 2022, in order to provide security to the family economy of salvadorans.

“In May, Salvadorans will continue to buy gas at the same price as in the first quarter of the year. We cannot stop world inflation, but we are reducing the impact on the pockets of families and businesses ” — said the minister in a message posted on her official Twitter account.

Continue reading Propane gas will continue at the same price as the first quarter of 2022

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. Continue reading 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. Continue reading 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.”
Continue reading President Bukele announces “11 measures against global inflation” to support the Salvadoran economy