S&P Global Upgrades El Salvador’s Credit Ratings to ‘B-/B’

The country’s proactive strategy in refinancing short-term debt with local banks and initiating a debt reprofiling scheme contributed to this. Despite this, El Salvador continues to face financial challenges, such as high debt service payments and limited financial options. Comprehensive reforms, fiscal transparency, and financial support from the IMF could lead to further financial stability. Seguir leyendo S&P Global Upgrades El Salvador’s Credit Ratings to ‘B-/B’

Salvadorans Abroad Motivated to Vote for the First Time

The leadership of President Nayib Bukele has inspired thousands of Salvadorans to obtain their Unique Identification Document (DUI) and vote for the first time in the 2024 elections. Many Salvadorans in the United States flocked to various consulates yesterday to secure their DUI, driven by the desire to exercise their right to vote in the upcoming February elections in El Salvador. Yesterday marked the final … Seguir leyendo Salvadorans Abroad Motivated to Vote for the First Time