As part of the commitments made to the International Monetary Fund (IMF), and to succeed in unblocking the $1.4 billion agreement that had gone more than a year without progress, the Salvadoran government sold most of the Chivo wallet to a U.S. company called The...
Directors of the Electoral Oversight Board (JVE) expressed concern yesterday because the Ministry of Finance did not approve their budget supplement for 2027, which would have allowed them to increase the funds from $814,720 in 2026 to $1.6 million for next year. For...
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...
