By Jonathan Blitzer For more than a hundred and seventy thousand Salvadorans who have been in the United States for decades, September 9, 2026, was supposed to mark a cataclysmic event. The special dispensation that made it possible for them to remain in this country...
Finance Minister Jerson Posada presented the 2027 general state budget bill, totaling $12.421 billion, to the Legislative Assembly. The figure is $1.865 billion more than the budget approved for 2026, an increase of 17.7%. According to Posada, the budget allocates an...
The government’s spending plan for 2027 projects a consolidated investment of $3,416 million in the education sector, equivalent to 8.1% of gross domestic product (GDP), according to Finance Minister Jerson Posada Molina. The figure is the consolidated total of...
El Salvador received only $9.77 million in net foreign direct investment (FDI) in the second quarter of 2026, a 92% year-on-year drop, the Central Reserve Bank (BCR) reported Wednesday. This amount represented a decrease of $110.91 million compared with the $120.68...
On Tuesday, ahead of submitting the proposed budget, the Ministry of Finance published a technical note and some fiscal projections for 2027. In this technical note, the Finance Ministry states that next year there will be no salary increases, salary adjustments, or...
The increase in gasoline and diesel prices could be passed on to the price of food and other products in El Salvador because of the higher cost of transporting goods, economists warn. This week, fuel reference prices rose $0.17 per gallon. In the central region,...
