The agreement with the International Monetary Fund (IMF) requires increasing the banking sector’s liquidity reserve in El Salvador from 11.5% to 15% by 2026. In November 2024, this reserve closed at 12.2%. This reserve serves as a guarantee for depositors’...
A report by the Salvadoran State sent to the United Nations National Human Rights Council in October 2024 reveals that between 2020 and 2024, the Government made “partial or comprehensive” improvements to 424 schools and developed designs for the...
In El Salvador, owning a decent home is becoming increasingly complicated. According to the 2023 Multi-Purpose Household Survey, in 48 out of every 100 households, families did not own the places where they lived. A home not only provides shelter but also facilitates...
The Banco Central de Reserva (BCR) (Central Reserve Bank) recently reported a 0.3% inflation increase in 2024. This figure is the lowest in the last four years after inflation surged in 2021 and 2022 to levels unseen since the mid-1990s, largely due to the pandemic...
Attorney Luis Parada, who was part of the legal team that defended the Salvadoran state against a multimillion-dollar lawsuit from a mining company, argued that the country does not possess large gold concentrations, contrary to what the government has claimed to...
The Mesoamerican Ecclesial Ecological Network (REMAM) El Salvador Chapter launched the campaign “YES to Life, NO to Mining” this Monday, in response to the approval of the law permitting mining exploitation in El Salvador by the government of Nayib Bukele and the...
